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LONDON - Kavango Resources plc (LSE:KAV), a metals exploration and gold production company focused on Southern Africa, announced upcoming changes to its Board of Directors, including the retirement of its current Non-Executive Chairman, David Smith, and the appointment of Peter Wynter Bee as his successor. The transition is set to occur on June 30, 2025.
David Smith, who has played a significant role in the company’s growth since his appointment on January 11, 2021, will be succeeded by Peter Wynter Bee, currently the Non-Executive Deputy Chairman. Wynter Bee brings extensive experience in financing and managing mining companies, with a history of successful projects in Zambia, Zimbabwe, and Namibia.
In addition to the chairman transition, Kavango is pleased to welcome Gautam Dalal to the Board as a non-executive director, effective July 1, 2025. Dalal, a chartered accountant with over three decades of experience, including a partnership at KPMG London, brings a wealth of corporate experience to Kavango. He has previously held various non-executive director roles and is currently a director at Great Ormond Street Hospital for Children NHS FT. Dalal also holds a 1.35% interest in Kavango’s issued share capital.
The outgoing chairman, David Smith, expressed his pride in the company’s development over the past four years and his confidence in Wynter Bee’s ability to steer the company towards further success. Peter Wynter Bee acknowledged Smith’s contributions to Kavango’s entry into Zimbabwe and transition into gold production, emphasizing the importance of building on these foundations.
Ben Turney, Kavango’s CEO, thanked Smith for his support and highlighted the company’s growth under his tenure. He also welcomed Dalal to the Board, noting his significant investment in the company and his timely joining as Kavango moves towards large-scale production.
These board changes come at a pivotal time for Kavango as it continues to expand its mining operations in Zimbabwe and exploration activities in Botswana. The company has provided further information about its business interests on its website and social media channels.
This report is based on a press release statement from Kavango Resources.
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