Centamin Egypt PLC (LON:CEY) has appointed Martin Horgan as chief executive.
Horgan is the former chief executive of Toro Gold, a privately-held company that was sold to Resolute Mining last year.
Prior to founding Toro, he was executive director of BDI Mining, and from 2000 to 2006 he worked in mining finance at Barclays Capital in London, where his responsibilities included technical appraisal and advisory services across Africa and the Middle East.
He also held consulting engineer roles with SRK Ltd and started his career as a mining engineer with Gold Fields of South Africa.
"Appointing someone of Martin's calibre follows an intensive international search process and will enable Centamin to move forward with confidence,” said Centamin’s chairman Josef El-Raghy.
“Martin brings not only excellent technical, commercial and financial experience but also strong operational and leadership skills which he demonstrated as chief at Toro Gold. Combined with his deep knowledge and understanding of gold mining across Africa, we believe that he will make an invaluable contribution to the company.”