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Ora Banda Mining (ASX:OBM) leadership change bolsters its stance for growth

Summary 

  • Ora Banda Mining has made a fresh appointment to its Board of Directors for the position of Managing Director.
  • The decision comes after the retirement of David Quinlivan as Managings Director of the Company.
  • OBM looks to draw benefit from the new appointment for the ongoing success and growth of OBM.

Distinctively poised gold explorer and developer Ora Banda Mining Limited (ASX:OBM) has witnessed an eventful year with significant milestones being achieved since the beginning of 2021. 

The Company’s distinguished pool of leaders has guided the Company in turning the corner amid challenging times.

LATEST UPDATE: Ora Banda’s (ASX:OBM) development plans on track for Iguana after Infill drilling results  

OBM declares change of Managing Director

Lately, OBM has made a significant change to its leadership team with the appointment of Mr Peter Nicholson as the Managing Director of the Company, effective 01 July 2021.

The latest decision comes after the retirement of Mr David Quinlivan from the role of Managing Director of OBM. Now, Mr Quinlivan shall instantly undertake the role of a Non-executive Director of OBM.

Source: © Bakhtiarzein | Megapixl.com

INTERESTING READ: 3 things underpinning Ora Banda’s (ASX:OBM) long-term future and development

Mr Nicholson has been moved from the Chief Executive Officer (CEO) position at OBM, which he was holding since 2 April 2021.

Besides his extensive 25-year industry experience across operational and mine management roles, Mr Nicholson also has experience in private equity throughout companies engaged in global mining as well as mining services.

OBM’s latest appointment bring in the experience gained through the exposure to an extensive variety of assets and commodities, ranging across 50 nations.

DID YOU READ: Ora Banda (ASX:OBM) strengthens its financial stance with million-dollar capital raising

As a Bachelor of Engineering (Mining) and Graduate Diploma in Applied Finance and Investment, Mr Nicholson also has substantial experience while leading senior multidisciplinary technical and commercial teams.

Source: OBM Announcement 01/07/2021

OBM’s first gold pour in February 2021 is indicative of the consistent efforts of the Company’s leadership team. Besides this, the team has been actively engaging in expediting activities across highly prospective deposits at OBM’s 100% owned Davyhurst Gold Project.

GROUND REPORT: Ora Banda Mining (ASX:OBM) concludes capital work program; prepares for further work  

OBM is optimistic that the Company shall benefit from Mr Nicholson’s diverse skills, expertise, and experience, which shall complement the ongoing success and growth of the Company.

IMPORTANT UPDATE: Ora Banda (ASX:OBM) expedites work across multiple prospective deposits despite challenges  

The OBM stock was noted trading at AU$0.165, up by 10%, on 1 July 2021.

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