Kenmare chairman to retire from company board due to ill health

Tuesday 24 June 2014 08.32
Kenmare's chairman Justin Loasby is to retire from the company's board due to ill health
Kenmare's chairman Justin Loasby is to retire from the company's board due to ill health

Kenmare Resources has said its chairman Justin Loasby is to retire from the company's board due to ill health.

The company said that Steven McTiernan, a non-executive director of Kenmare, will take on the role of non-executive chairman with immediate effect. 

Mr McTiernan has over 40 years of diverse natural resources industry and investment banking experience including BP. Tullow Oil and Chase Manhattan Bank.