Eurasian Natural Resources announces departure of CCO

Eurasian Natural Resources Corp. has announced that its Chief Commercial Officer, Jim Cochrane, has resigned with immediate effect to 'pursue other interests'.

The group said his duties will be handed over straight away.

Chief Executive Officer Felix Vulis said: "Jim has been a core member of our management team for over a decade. We respect his decision to move on and thank him for his considerable contribution to the commercial strength and governance of our group during his tenure.

"He has built an excellent team in the group's commercial department and we can look forward to a seamless handover as we continue to build on the operational successes of recent years. We wish him well in his future endeavours."

The news comes after the Financial Times reported that the company's Chairman, Mehmet Dalman, could be set to leave following problems with other executives.

Dalman issued a statement saying: "I am committed to my current role as chairman of ENRC and continue to have a constructive working relationship with all executive team members."

NR