LEADERSHIP

Cradle Arc's new chairman, director join

Cradle Arc’s (AIM:CRA) new non-executive chairman Roy Pitchford has joined the board along with new non-executive director Michael Golding.

Staff reporter
Roy Pitchford (left) has replaced Toby Howell (right) as Cradle Arc's chairman

Roy Pitchford (left) has replaced Toby Howell (right) as Cradle Arc's chairman

It was announced last week that previous chairman Toby Howell would step down from the board after a number of snags were hit in August, while Pitchford's appointment had to be rubberstamped  by Cradle's nomad.

Pitchford has over 25 years' experience in senior and executive position in the Southern African mining industry, as well as being a past president of The Chamber of Mines of Zimbabwe.

He was previously CEO or managing director of Vast Resources, Central African Gold African Minerals, Cluff Resources Zimbabwe, Delta Gold Zimbabwe, African Platinum and Zimbabwe Platinum Mines.

Meanwhile, Golding has spent over 20 years' in corporate and project finance advising in the mining industry and fir the last decade has run a boutique corporate and project advisory business.

He was previously the South African head of corporate finance for Billiton and then acted as a director at HSBC Investment Services Africa, Actis and Imara Holdings. Golding is currently non-executive chairman to CCP 12J Fund

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