Stellar appoints new nonexecutive director, Campbell steps down
JOHANNESBURG (miningweekly.com) – Aim-listed, West Africa-focused diamond development company Stellar Diamonds announced in a statement on Tuesday that it had appointed Liviu Meran a nonexecutive director on its board, while James Campbell was stepping down from his position as nonexecutive director.
Meran, 36, is a Romanian national who holds a bachelor’s degree in trade economy and a master’s degree in marketing from the Academy of Economic Studies, in Bucharest.
He previously worked as a senior treasury accountant at metallurgical and nonferrous metals company CUPROM from 2005 to 2008 and as CFO at drilling and exploration services provider SC Foradex SA from 2008 to 2010. He became financial manager at Foradex Corporation in 2010, following which he became GM of the company in January this year. Foradex Invest SRL, the holding company of Foradex Corporation, is a 23% shareholder of Stellar.
Stellar Diamonds chairperson Peter Daresbury said: “We are delighted to welcome Liviu to the board. Foradex Invest is a significant shareholder of Stellar and Liviu’s presence on the board will further consolidate this support. The board looks forward to working closely with Liviu and Foradex as Stellar pursues its strategy of developing significant kimberlite diamond resources in Guinea and Sierra Leone into production.
“On behalf of the board, I would also like to thank James for his dedicated service and support over the years and wish him every success in his future endeavours.”
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