Centerra CFO to retire

1st December 2015 By: Megan van Wyngaardt - Creamer Media Contributing Editor Online

JOHANNESBURG (miningweekly.com) – Centerra Gold VP and CFO Jeff Parr will retire, effective March 31, 2016.

He will be succeeded by Centerra finance VP and treasurer Darren Millman, who joined the company in 2013.

Prior to joining Centerra, qualified chartered accountant Millman served as Ivanhoe Australia’s finance GM and company secretary, where he gained valuable experience with listing the company on the ASX and TSX and financing its activities. Millman also worked with KPMG in several countries, including Canada.

"The board thanks Jeff for his financial leadership and strategic contribution to the company. He was instrumental in improving the company's financial reporting and governance practices.

“Jeff has been very involved in the company's growth, successfully advancing the negotiations for the Gatsuurt project with the Mongolian government and the negotiations for the acquisition and formation of the Greenstone Partnership. He remains CFO through to the financial year-end and will continue to be the lead on the company's negotiations with the Mongolian government until his departure. We wish Jeff well in his retirement,” Centerra CEO Scott Perry said in a statement.