Business
Board Changes
Board Changes.
About this update from Capital Limited
[{"type":"text","content":"\n \nRNS Number : 8408V Capital Drilling Limited 26 July 2018 \n\n\n \nCapital Drilling Limited\n(\"Capital Drilling\", the \"Group\" or the \"Company\")\n \nBoard Changes\n \nCapital Drilling, a leading drilling solutions company focused on the African markets, today announces the appointment of Mr Michael Rawlinson as an Independent Non-Executive Director and the Company's Remuneration Committee Chairman with effect from 1 August 2018. Mr Rawlinson will replace Mr Craig Burton, who intends to step down from the Board on 31 August 2018. \n \nMr Rawlinson brings extensive knowledge of financial and capital markets, particularly within the global mining sector. He has over 20 years' investment banking experience with both private and public companies. Michael became Senior Non-Executive Director at Hochschild Mining plc on 1 January 2018, having joined that Board in January 2016. In addition, he has previously held Board positions at Liberum Capital and Talvivaara Mining plc.\n \nMost recently he was Global Co-Head of Mining and Metals with Barclays up to June 2017, undertaking advisory roles for mergers and acquisitions (\"M&A\"), together with US$2.5 billion of debt and equity transactions during his stewardship.\n \nHe started his career at the investment bank Flemings before moving to Cazenove & Co in 1996 to head up their global mining research. After having made partner and Cazenove forming a JV with JP Morgan, Michael became Head of EMEA Mining Metals at JP Morgan where he advised on many landmark initial public offerings (\"IPOs\"), capital raisings and M&A transactions. In 2007, he left to become a founding Director of Liberum Capital (Liberum), an investment banking and advisory company providing capital raising; restructuring; IPOs; and M&A services. Liberum grew to attract an institutional client base of over 500, together with more than 55 corporate clients. \n \nMr Rawlinson's professional qualifications include a Bachelor of Social Science Economics (1st Class Honours) from the University of Birmingham and a Master of Science Environmental and Resource Economics from University College London. \n \nMr Rawlinson is considered to meet the requirements to be classified as an independent director under the UK Corporate Governance Code. He and Mr ...