Suvo Strategic Minerals has appointed a new Executive Chairman, effective immediately.
Henk Ludik was appointed Executive Chairman. He is a mining engineer with a career in mining spanning over 20 years, and expertise in engineering, feasibility, mine optimisation, ESG and corporate finance.
Mr Ludik has worked for a number of investment banks with over $10 billion in mining transactions and holds a BEng in Mining Engineering, MSc in Oil and Gas Engineering and an MBA.
Mr Ludik was appointed as interim Non-Executive Chairman of Suvo on 15 March 2022, following an executive and board transition.
Suvo Executive Director, Aaron Banks, said that over the last six months Mr Ludik has proven to be a team player who strives for success.
“We are delighted to have Henk step up to the role of Executive Chairman. Since joining the Suvo Board six months ago, Henk has not taken his foot off the pedal,” Mr Banks said.
Since his appointment as interim Non-Executive Chairman, Mr Ludik has played an important role in managing the company’s Pittong Plant expansion and with his engineering, feasibility and mine optimisation credentials, is believed to be perfectly placed to lead the company.
“His credentials as a mining engineer are exactly what Suvo needs during this critical stage as we continue our capital works at Pittong, to upgrade plant capacity towards a nameplate of ~60,000 tonnes per annum,” Mr Banks said.
“He has settled in well with the executive team and will make a valuable contribution. We couldn’t be more excited to start providing updates on the Company’s progress in the short term.”
