PNG's OTML Board Accepts Chairman effrey Innes's Resignation
Papua New Guinea's Ok Tedi Mining Limited (OTML) Board has accepted the voluntary resignation of Chairman Jeffrey Innes. The decision was announced by Kumul Minerals Holdings Limited (KMHL) Board Chairman and OTML Board Director Dr. Ila Temu.
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| Jeffrey Innes. |
Dr. Temu acknowledged Mr. Innes's contributions, stating that he played a significant role in guiding the board and management through business restoration and restructuring efforts. His leadership was recognized as instrumental in the company's recent progress.
With Mr. Innes stepping down, Dr. Temu will assume the role of Acting Board Chairman until a permanent replacement is appointed. The interim leadership aims to ensure stability within the organization during the transition.
OTML remains a key player in Papua New Guinea's mining industry, contributing significantly to the national economy. The company has reiterated its commitment to maintaining operational efficiency and long-term strategic growth.
The leadership change comes at a crucial time for OTML, as the company navigates industry challenges and focuses on sustainable mining practices. The board has assured stakeholders that the transition will not disrupt its ongoing projects and objectives.
OTML's commitment to Papua New Guinea’s mining sector remains steadfast, with the board emphasizing continuity and effective governance as it seeks a new chairman.
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