Roger Kebble announced on Thursday that he is retiring from the board of London and Nasdaq listed gold miner Randgold Resources with immediate effect. He is being succeeded as chairperson by Philippe Liétard.
Kebble, who is 65, said he wished to devote more time to his other business interests as well as his family.
“I’ve chaired this company for the past seven years while it grew from a small start-up enterprise into a substantial integrated gold business with a highly regarded brand and a commendable record of value creation and delivery.
“With Randgold Resources now standing on strong foundations and securely positioned for further growth, I believe this is an appropriate time for me to step down,” he said.
He added that he will remain a shareholder in the company and will continue to watch its development with keen interest and complete confidence in its management
New chairman Liétard (55) has been a non-executive director of Randgold Resources since February 1998. He is the managing director of the Global Natural Resources Fund and a former director of the oil, gas and mining department of the International Finance Corporation. – I-Net Bridge