African Minerals Change of Directors
Nov 15, 2010 – African Minerals Limited (AIM:AMI), the iron ore project development company that is developing the Tonkolili project in Sierra Leone, West Africa, announced the appointment of Mr. Roger Alexander Liddell as a Non-Executive Director, effective today.
Mr. Liddell, aged 54, is currently the Chief Executive of the London Clearing House, the world’s largest clearing house clearing numerous equity markets, futures and options, commodity markets and over-the-counter derivatives. Prior to joining the London Clearing House in 2006, Mr. Liddell worked for Goldman Sachs for approximately 13 years, eventually becoming Managing Director and Head of Global Operations. His career prior to joining Goldman Sachs included a number of years at Citibank NA and with British Coal, where he held various management positions.
Mr. Liddell is a graduate of the University of Nottingham, from where he received a BSc in Mining Engineering. He also holds a MBA and a First Class Certificate of Competency for Mine Managers.
The Company also announces that Christopher Duffy has resigned from the board of Directors of the Company, effective today.
Commenting on the Board changes, Frank Timis, Executive Chairman of African Minerals said:
“It is with great pleasure that I welcome Roger to the board of African Minerals, where his extensive mining and investment banking knowledge and experience will be a major asset to the Company as we progress Tonkolili towards production.
I would like to thank Chris Duffy for his contribution to the Company and wish him well for the future. I am delighted that Chris will remain as an adviser to the Board of Directors of the Company”.
There is no information in relation to Mr. Liddell’s appointment required pursuant to Schedule 2 paragraph (g) of the AIM rules for Companies other than as follows:
Mr. Liddell holds, or has held, the following directorships in the last five years:Current Directorships LCH Clearnet Limited
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