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Kenmare Resources NED Sameer Oundhakar steps down

Kenmare Resources plc non-executive director Sameer Oundhakar will step down from the board on 31 December 2022.

The company appointed him to the post on 17 March 2021, having been nominated by African Acquisition Sarl (AAS).

AAS is Kenmare’s largest investor and is controlled by Oman Investment Authority (OIA).

Kenmare said that Mr Oundhakar had left his role at the OIA and therefore leaves the company’s board.

“I would like to sincerely thank Sameer for his invaluable contributions to the board during his tenure,” said chairman Andrew Webb.

“As the nominee of our largest shareholder, the Oman Investment Authority, Sameer’s support and commitment to the business has been greatly appreciated.

“We wish him well in his future endeavours.”

Kenmare added it expected to appoint a replacement NED.