RioZim Limited Announces New Leadership Appointments
Diversified mining company, RioZim Limited, has announced new leadership appointments and resignations on their Board of Directors.
Effective April 28, 2023, Rajgopal Swami was appointed as the new Chief Executive Officer, succeeding Mr Manit M. Shah who will be resigning from the position. Swami has been a longtime employee of the RioZim Group and held the position of Chief Financial Officer for a number of years. With over 30 years of experience in senior management across various industries, including mining, energy, aviation, infrastructure, and financial services across four continents, Swami is well-equipped to take on his new role as CEO.
Also effective April 28, 2023, Atish Mangal was be appointed as the new Chief Finance Officer, succeeding Swami. Mangal has 20 years of experience in Corporate Finance and Treasury, Financial Reporting, Strategy, Refinancing, Loan Restructuring, Financial Modelling, and Tax Planning across the mining, trading, manufacturing, and financial services sectors.
In addition to these executive appointments, RioZim Limited has also appointed two new Non-Executive Directors, effective April 28, 2023. Grant R. Flanagan, with over 20 years of experience in the frontier and emerging market of Africa, will be joining the board. Mr Ajay P. Shanghavi, with over 38 years of experience in leading and expanding various medium and large-scale companies in industries such as engineering, manufacturing, packaging, IT, EdTech, financial services, media, and entertainment, will also be joining the board.
However, the board also announced the resignation of Manit M. Shah as Chief Executive Officer and Gopal K. Jain as a Non-Executive Director effective from April 27, 2023. The Board expressed their gratitude for their valuable contribution to the Group.