Mila Resources PLC (LSE:MILA) announced that chief financial officer and executive director Lee Daniels will step down from the board to pursue other business interests.
He will remain with the company temporarily to ensure a smooth handover.
Lindsay Mair, non-executive director, has agreed to take interim responsibility for the financial function, before it is outsourced in the future.
“The board would like to take this opportunity to thank Lee for his contribution to the development of the company and to wish him every success in his future endeavours,” it said in a statement.