Directors

Tonno Vahk

Director and Interim CEO

Mr. Vahk is a former derivatives and financial engineering specialist with over 20 years of experience in the financial markets. Since 2012 Mr. Vahk has been managing private equity investments in Eastern Europe, the Middle East and Africa, with a focus on mining and real estate. Mr. Vahk began his career as a financial derivatives specialist at Swedbank, specializing in mezzanine and private equity financings for companies operating in the Baltics. After Swedbank, Mr. Vahk went on to manage several different Eastern European pensions funds, hedge funds and mezzanine funds. Mr. Vahk holds a B.Sc. in Economics and Business Administration from the Stockholm School of Economics in Riga.

Assem Soliman

Non-Executive Director

Mr. Soliman is an Egyptian business entrepreneur with vast experience in the fields of investment banking and capital markets. Mr. Soliman has founded numerous businesses in Egypt and has extensive relationships with investors in the MENA region. Mr. Soliman holds a B.A. of Management Sciences from the Sadat Academy for Management Sciences.

Anthony Clements

Non-Executive Director

Anthony Clements is a former investment banker with Fox Davies Capital Limited, a London-based firm specializing in mining and oil & gas corporations. He began his career specializing in natural resources, having gained a B.Sc. in Economics followed by a post-graduate course in accountancy. He joined the Electricity Pension Fund in 1970 as Senior Investment Analyst before moving on in 1973 to the Post Office Pension Fund, latterly renamed Postel and then Hermes. Mr. Clements spent several years managing Postel’s resource portfolio before moving on to manage a billion dollar North American portfolio. In 1987 Mr. Clements moved over to the sales side of the investment industry, becoming involved with corporate finance and North American resource issuers in particular. Mr. Clements was formerly Head of Corporate Finance at ODL Securities, and prior to taking up his position with ODL Securities, he worked with several firms, including T. Hoare and Co. and Yorkton Securities Inc.

In Memoriam

Giles Baynham, ARSM

Mr. Baynham is a former banker with significant debt and capital markets experience. He started his career as a mining engineer with Rio Tinto, before working at various financial entities including the Industrial Bank of Japan/Mizuho Corporate Bank, NM Rothschild & Sons, and Endeavour Financial. In 2008 he was a co-founder of CB Gold Inc, which held exploration and mining operations in Colombia, and was recently CEO of Fengro Industries Corp, a phosphatic fertilizer company operating in Brazil.