Ncondezi Energy Limited (LON:NCCL) has said it is appointing Scott Fletcher, the group's largest shareholder, to its board.
Fletcher has built his position in the company by primarily buying in the market and in recent fundraisings, and is uniquely placed to represent investors' interests at board level.
Flecther boasts an MBE for services to business and community in the north of England.
"We are delighted that Scott has agreed to join the Board,” said Ncondezi chief executive Hanno Pengilly in a statement.
“As our largest shareholder his input from an investor point of view will be invaluable as we continue to advance our Ncondezi power project. Over the course of the next six months, the company anticipates meeting a number of transformational milestones as we move the project towards financial close."