KEFI Gold and Copper (LSE:KEFI) has appointed Danny Callow as an independent non-executive director, filling a vacancy created by a recent board retirement.

Callow has experience in the development of copper and gold mining projects in Africa. As part of his role, he will chair a newly established operations and physical risks committee.

The committee will form part of KEFI’s governance arrangements as the company progresses development of its Tulu Kapi gold project.

KEFI reorganises board committee structure

KEFI is also changing its governance structure, with four independent non-executive directors each set to chair key board committees.

The directors will additionally join subsidiary boards as part of the company’s arrangements for oversight and accountability across the group.

The changes are being implemented as KEFI progresses from project development towards planned mining operations.

Management succession planned around Tulu Kapi production

KEFI has also outlined a management succession plan linked to the development of Tulu Kapi.

The company plans to appoint a chief executive, while its current executive chairman is expected to transition to the position of non-executive chair around the start of production at Tulu Kapi.

KEFI also intends to appoint a new finance director as the company moves from the development phase into operations.

KEFI Gold and Copper is a London AIM-listed exploration and development company with gold and copper projects in Ethiopia and Saudi Arabia. The group is developing the Tulu Kapi gold project in Ethiopia through KME Minerals Ethiopia Holdings and Tulu Kapi Gold Mines, while its Saudi Arabian activities are conducted through Gold and Minerals Limited.