KAZ Minerals Plc
KAZ:LN
Overview
Company Profile
Kazakhstan miner Kazakhmys is the country's largest copper producer and the tenth largest refined copper producer and the tenth largest mined copper producer in the world based on 2004 production. Its main business is the mining, processing, smelting, refining and sale of copper and copper products, including cathodes and rods. It has around 66,000 employees worldwide, although the main business is in Kazakhstan.
Classification
Financials
Corporate
Board of Directors
Simon Heale
Non-executive Chairman
Simon Heale has significant global marketing and business operations and management experience having been chief operating officer of Jardine Fleming Limited, deputy managing director of Cathay Pacific Airways and chief executive of The London Metal Exchange. He has also been a non-executive director and chairman of Panmure Gordon & Co plc, and a non-executive director of PZ Cussons plc.
Vladimir Kim
Non-Executive Director
Vladimir Kim joined the Group in 1995, when he was appointed managing director and chief executive officer of Zhezkazgantsvetmet JSC and was elected chairman of the board of directors of that company in 2000. He was appointed Chairman of the Company in 2005 prior to its listing on the London Stock Exchange. With extensive knowledge of the mining industry, a thorough working knowledge of the CIS and an exemplary understanding of the political and regulatory environment in Kazakhstan, Vladimir Kim brings extensive Kazakh mining experience and effective Board management skills. Vladimir Kim stepped down as Chairman in May 2013 but remains on the Board as a non-executive Director.
Oleg Novachuk
Chief Executive Officer
Oleg Novachuk joined the Group in 2001 and was appointed Chief Executive in 2007, having been Finance Director since 2005. He was formerly vice president of financial projects for Kazakhmys Corporation LLC and the financial adviser to the president of Kazakhmys Corporation LLC, and chairman of the board of directors of Kazprombank JSC.
Andrew Southam
Chief Financial Officer
Andrew Southam joined the Company in February 2006 where he has held a number of positions in Finance including Group Financial Controller. He was appointed Chief Financial Officer in May 2013. Andrew is a chartered accountant who began his career at Deloitte in London, where he provided audit and transaction services to a number of UK listed companies. Prior to joining the Company, Andrew worked in corporate development at GlaxoSmithKline.
Michael Lynch-Bell
Non-executive Director and Senior Independent Director
Michael Lynch-Bell has extensive experience in the mining, oil and gas industries having spent his whole 38 year career with Ernst & Young developing and later leading its global mining and energy practices. During his time with Ernst & Young, he played a key role in establishing Ernst & Young’s practice in Kazakhstan and advised a number of major CIS companies on transactions. He retired as senior partner of Ernst & Young’s transaction advisory practice for mining and metals and as an elected member of its global advisory council in June 2012. He was previously a non-executive director of Equus Petroleum Plc.
Lynda Armstrong OBE
Non-executive Director
Lynda Armstrong, a geophysicist by training, has over 30 years’ natural resources experience with Shell. During her time with Shell she held a number of senior exploration and operational roles, including director UK Exploration and New Business Development, exploration director of Petroleum Development Oman and technical vice president for Shell International.
Clinton Dines
Non-Executive Director
Clinton Dines has been involved in business in China since 1980, including senior positions with the Jardine Matheson Group, Santa Fe Transport Group and Asia Securities Venture Capital. In 1988, he joined BHP as their senior executive in China and, following the merger of BHP and Billiton in 2001, became president, BHP Billiton China, a position from which he retired in 2009 prior to joining KAZ Minerals. He brings exceptional knowledge of China combined with global resource industry and management experience. He was previously executive chairman, Asia of Caledonia (Private) Investments Pty Limited and a member of the advisory board of Pacific Aluminium.
John MacKenzie
Non-executive Director
John MacKenzie is a senior mining executive with more than 24 years’ experience in the metals and mining sector mostly acquired with the Anglo American group where he was CEO of Zinc from 2006 to 2009 and CEO of Copper from 2009 to 2013. John brings extensive international operating experience to the Board gained in Africa, South America, North America and Europe.
Charles Watson
Non-Executive Director
Charles Watson has an extensive background in both operational management and major project delivery, having spent 29 years at Shell. During his time at Shell he held a number of senior executive positions throughout the world, culminating in his appointment as executive vice president covering Russia and the CIS, including oversight of Shell’s activities in Kazakhstan, chairman of Shell Russia and chairman of the board of directors for the Sakhalin Energy Investment Company.
Charles Watson
Non-Executive Director
Charles Watson has an extensive background in both operational management and major project delivery, having spent 29 years at Shell. During his time at Shell he held a number of senior executive positions throughout the world, culminating in his appointment as executive vice president covering Russia and the CIS, including oversight of Shell’s activities in Kazakhstan, chairman of Shell Russia and chairman of the board of directors for the Sakhalin Energy Investment Company.