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Bowen Coking Coal (ASX:BCB) appoints new CFO

Energy
ASX:BCB      MCAP $147.8M
02 February 2021 17:00 (AEST)

Coking coal explorer Bowen Coking Coal (BCB) has appointed a new Chief Financial Officer to the business’s leadership team.

Daryl Edwards will take on the CFO position on a part-time basis initially, before his role is eventually ramped up to full time hours.

The new leader will bring over two decades of experience in the mining and manufacturing industries to his role at BCB.

This includes a recent stint as the CFO of Asenjo Energy, a privately held Botswana-based coal exploration and development company.

He’s also worked as the CEO of a private Australian coal explorer, Pioneer Coal, and as CFO and Head of Corporate Development for Universal Coal.

Commenting on the appointment, Managing Director Gerhard Redelinghuys said Daryl would help the business become Queensland’s next coal producer.

“We are extremely pleased to have secured the services of such a seasoned finance professional with a proven track record to support the company on its journey to become Queensland’s next coking coal producer,” he said.

“Daryl is a key member of the team and we look forward to his contribution,” Gerhard added.

Following the key appointment, shares in Bowen Coking Coal have ended Tuesday’s session 6 per cent in the green and are trading at 5.3 cents each.

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