To ensure that it can move its Kangankunde Project into construction and production as soon as possible, Lindian Resources Ltd (ASX:LIN, OTC:LINIF) has shuffled its board and leadership.
The changes will see Jack Fazio step down from the board to assume the role of project director, reporting to CEO Alwyn Vorster.
Trevor Matthews will remain on the board, while also becoming responsible for all finance and commercial functions. Finally, Linda Gimondo joins the company in the role of manager of corporate affairs.
“I am pleased to make these first appointments to Lindian’s executive team. It forms part of my undertaking when taking on the CEO role, to put in place a solid management team and a positive high achieving company culture with stakeholders,” Vorster said.
“These appointments will be integral to delivering on the company’s strategy of developing the Kangankunde Project’s feasibility study, secure financing and offtake and progress into construction and production as soon as possible.”
New project director
Fazio has been with Lindian since June 2020, playing a key role in the Kangankunde Project's Feasibility Study.
With extensive experience in project engineering, construction, and contract management, he previously held senior roles at Primero Group Limited, Laing O’Rourke, and Forge Group Ltd.
As project director, Fazio will oversee the engineering, design, procurement, and construction of the Kangankunde Project.
Strong oversight of financial matters
Matthews will now also be responsible for all finance and commercial functions. With a robust background in financing and developing mining projects, he has held senior roles with several ASX-listed companies.
His expertise will be valuable as Lindian progresses into project financing, offtake negotiations and construction of the Kangankunde Project. There will be a change to his engagement terms, increasing his compensation by around $10,000 a month.
Better communications
Linda Gimondo has joined Lindian as manager of corporate affairs. Linda brings significant experience in corporate affairs and external relations, having worked with Pilbara Minerals, Northern Minerals, and Deloitte.
At Lindian, she will handle investor relations, internal and external communications, market communications and government engagement.