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The Markets
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Mining

AVZ Minerals appoints new CFO with considerable relevant experience

According to the company, new CFO Jan de Jager’s broad financial knowledge will be invaluable as AVZ progresses through its financing arrangements, construction contracts and, ultimately, into production.

AVZ Minerals Ltd (ASX:AVZ) (OTCMKTS:AZZVF) (FRA:3A2) has appointed highly experienced Jan de Jager as chief financial officer (CFO) and as joint company secretary with Ben Cohen, effective April 15, 2021.

De Jager is an experienced CFO and company secretary with a proven track record in international business and leadership across several industries.

He has held senior roles in the mining industry for more than 20 years, including as CFO and CIO of several listed and non-listed companies.

Cohen is a commercially focused CPA with more than 20 years of experience in the bulk commodity, shipping, mining and corporate sectors.

“Important additions” to team

AVZ’s managing director Nigel Ferguson said: “Jan and Ben are important additions to AVZ Minerals’ management team as we continue to increase our organisational capacity across the business.

“Jan’s broad financial knowledge will be invaluable as AVZ progresses through its financing arrangements, construction contracts and, ultimately, into production.

“Ben has already proven his worth in finalising three offtake agreements for AVZ and will now add the role of joint company secretary to his duties.”

Jager’s experience

De Jager’s previous positions include CFO for Covalent Lithium, a joint venture company of Kidman Resources, before being bought out by Wesfarmers; general manager, Treasury and Reporting for Roy Hill Australia and general manager, Finance for Xstrata Nickel Australia.

Most recently, he was working as managing director for his own management business X2 consulting and has undertaken a range of specific projects for South 32, Westrac Cat and L3Harris.

Cohen’s previous roles

Cohen joins AVZ with an intimate knowledge of the challenging environment of offtake agreements, bulk shipping and the commercial aspects of commodity trading, having been a key contributor to a successful sales and marketing team with a sales book of up to $1 billion annually.

He will assume the role of commercial manager and joint company secretary with Jager.

Resignation of Leonard Math

Leonard Math resigned from his position with the company in late December and has served out his notice period.

Ferguson said: “On behalf of the company, I want to thank Leonard for his contribution to the development of AVZ Minerals since July 2018 and wish him well in his future endeavours.”

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