Business
Board Appointment and Changes to Directors' Roles
Board Appointment and Changes to Directors' Roles.
About this update from Hochschild Mining Plc
[{"type":"text","content":"\n \nRNS Number : 7769Z Hochschild Mining PLC 19 December 2017 \n\n \n__________________________________________________________________________________\n \n19 December 2017 \n \nBoard Appointment and Changes to Directors' Roles & Committee Composition\n \nHochschild Mining plc (the \"Company\") announces that Dionisio Romero Paoletti, Chairman & CEO of the banking group Credicorp, will join the Company's Board as a Non-Executive Director from 1 January 2018.\n \nMr Romero has been appointed as a nominee of the Company's majority shareholder Pelham Investment Corporation (\"Pelham\"), which is controlled by Eduardo Hochschild, pursuant to the rights granted to Pelham under the Relationship Agreement.\n \nChanges to Directors' Roles & Committee Composition\n \nThe Company also confirms that with effect from 1 January 2018:\n \na) Michael Rawlinson will assume the roles of Senior Independent Director and Chairman of the Remuneration Committee to succeed Enrico Bombieri following his retirement from the Board;\nb) Eileen Kamerick will become a member of the Remuneration Committee; and\nc) Graham Birch, Eileen Kamerick, Michael Rawlinson and Dionisio Romero will join the Nominations Committee.\n \nEduardo Hochschild, Chairman said:\n\"I am delighted to be able to welcome Dionisio to the Hochschild Board. He brings vast business experience from diverse industries throughout Latin America and I look forward to his participation. I am also pleased to be able to confirm Michael Rawlinson's appointment to the role of Senior Independent Director following Enrico Bombieri's decision to retire from the Board at the end of the year.\"\n \nFrom 1 January 2018, the Board will comprise eight directors of whom five will be independent Non-Executive Directors.\n__________________________________________________________________________________\n \nNotes\n \nDionisio Romero (Jnr) is Chairman & CEO of Credicorp and its subsidiary, Banco de Crédito del Peru (\"BCP\"), Peru's largest bank. Mr. Romero has served as a board member of BCP since 2003 and was appointed Vice Chairman in 2008 and Chairman in 2009.\n \nMr Romero is also the Chairman of a number of Credicorp group companies, namel...