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New chairman for Ncondezi Coal

Michael Haworth
“’ new chairman of
Ncondezi Coal
London, England — 22 May 2012 – Ncondezi Coal “’ an emerging Mozambican coal development company “’ has appointed Michael Haworth to its board as non-executive chairman as part of the restructuring of its management team ahead of the development of its flagship coal project in Mozambique.

A company statement issued here says the appointment of Haworth, who replaces Richard Stuart who will remain on the board as a non-executive director, will be effective from 1 June 2012.

Haworth is a non-executive director of Zanaga Iron Ore Company and is a director of Strata Limited, the majority shareholder of the company. He has over 12 years’ investment banking experience, predominantly in emerging markets and natural resources. Prior to establishing Strata in 2006, Haworth was a managing director at J.P. Morgan and head of Mining and Metals Corporate Finance in London.

Source: Ncondezi Coal. For more information, click here.