Toledo Mining Corporation plc announced the appointments of Mr Isidro Consunji and Mr Robert Jenkins as non-executive directors.
Mr Isidro Consunji, President of DMCI Holdings Inc. the parent company of DMCI Mining Corporation has agreed to join the board of Toledo as a representative for DMCI Mining which holds a 17% shareholding in Toledo. Mr Consunji has been a director of DMCI Holdings Inc. for over seventeen years.
Mr Robert Jenkins has joined the Board as an independent non-executive director and as the Company's Audit Committee Chairman effective from 1 January 2013. Mr Jenkins has over thirty years' experience in investment management and corporate finance and is currently a partner in Northstar Corporate Finance. He was previously a corporate finance consultant to KPMG (Moscow), finance director of AIM-quoted Eurasia Mining plc and a senior fund manager for Framlington Group plc.
Mr Victor Kolesnikov CEO said that "These new appointments significantly strengthen the board. Mr Consunji is a successful senior corporate executive with many years' experience of project development in the Philippines, whilst Mr Robert Jenkins is an experienced corporate financier whose contribution and governance we welcome to the board as an independent non executive director."
Source - Toledo Mining
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