The board of Obtala Resources (LON:OBT) is infused with new blood following the appointment of a couple of directors.
The vertically integrated agricultural processing, farming, timber and retail company announced the appointment of Kevin Milne, aged 53, to the board in the role of executive deputy chairman and 37-year-old Miles Pelham as a non-executive director with immediate effect.
Milne has enjoyed a long and distinguished career in global financial services, Obtala said, whose previous roles include membership of the executive committee of the London Stock Exchange.
Pelham is currently based on Hong Kong and has worked in finance for the past 18 years, during which time he has held senior investment banking positions at some of the worlds' largest financial institutions. His experience ranges from running trading desks to bond and financial instrument management.
Francesco Scolaro, chairman of Obtala, hailed Milne’s wealth of experience, and observed that Pelham’s Asian location “provides an opportunity to introduce the company to a new range of investors as we continue to provide strong leadership and advance our established growth and development plans for the group."