International Mining & Infrastructure Corp names Ousmane Kane as new boss
AIM-listed International Mining & Infrastructure Corporation has appointed Ousmane Kane as its new Chief Executive Officer.
AIM-listed International Mining & Infrastructure Corporation has appointed Ousmane Kane as its new Chief Executive Officer.
Up until now, Haresh Kanabar, Chairman of the company had occupied the duel role of Executive Chairman while providing the duties of a Chief Executive Officer without the title of CEO.
Thus the role of CEO is a newly created position which the an investor relations officer at the company described as part of "the development of IMIC".
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Ousmane has an engineering degree from Ecole Polytechnique in France and experience of senior level management posistions at a range of companies. From 2006, he served in public and commercial roles implementing reforms, restructurings and investment programmes.
He served as director general of Mauritania's state-owned iron ore company, Socit Nationale Industrielle et Minire (SNIM), as the country's minister of finance, as governor of the Central Bank of Mauritania and as a senior adviser to Mauritania's Head of State.
At SNIM he implemented a $1bn modernisation programme to increase the company's international competitiveness.
Kanabar said:"We are delighted to welcome Ousmane to IMIC's board of directors as CEO. His extensive experience of the mining and financial industries, along with his broader experience of African development, will be of great value in the implementation of IMIC's strategy to unlock the potential of West African iron ore."
MF
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?
Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
By Kalpana Fitzpatrick Published
-
What does Rachel Reeves’s plan for growth mean for UK investors?
Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
By Katie Williams Published