The members of the Board are as follows:
ChairmanMr Jiao, aged 53, was appointed as the CEO, and an Executive Director, of the Company in February 2017. Prior to this appointment, Mr Jiao was the Chairman of the Company from August 2014, the Chairman of the Company’s Governance and Nomination Committee and Risk Management Committee and a member of the Company’s Remuneration Committee from October 2015, and a Non-Executive Director of the Company from December 2010. Mr Jiao has served as a director of certain subsidiaries of the Company from time to time since 2009, including MMG South America Management Co., Ltd. Mr Jiao was appointed as the Chairman of China Minmetals Non-ferrous Metals Co. Ltd. (CMN) in February 2016, and has been a director of CMN since December 2009. Mr Jiao has also been a director of Hunan Nonferrous Metals Holding Group Co., Ltd. since July 2010. Mr Jiao holds a Bachelor’s degree in International Economics from the Nankai University in the People’s Republic of China and a Master of Business Administration degree from Saint Mary’s University in Canada. He has extensive experience in international trade, investment and corporate management. Mr Jiao joined CMC and its subsidiaries in 1992. He was the Vice-President of CMN from 2007 to May 2010. Mr Jiao was the President of CMN from May 2010 to January 2016. He was a director and the President of China Minmetals Non-ferrous Metals Holdings Co. Ltd. from December 2009 to February 2016 and January 2016, respectively. Mr Jiao was a Vice-President of CMC from December 2015 to January 2017. He was also a director of China Minmetals H.K. (Holdings) Limited from August 2016 to March 2017.
Executive DirectorMr Li, aged 57, has served on the Executive Committee of the Company since January 2020 in his capacity as the Executive General Manager – Commercial. His present role title is Executive General Manager – Australia and Commercial with responsibilities for the Dugald River and Rosebery operations and Australia support functions and also Supply and Marketing. Mr Li joined CMC in 1987. He has held various senior management positions with subsidiaries of CMC in the PRC, Australia, Mexico and the USA. Mr Li was also a Director of the Company from 2009 to 2012. He was a Vice President of CMN in Beijing, leading several global trading departments from 2016 to 2018. Mr Li was the President and CEO of Minmetals Inc. (L.A.) from 2018 to 2019. Mr Li has extensive experience in international business and the non-ferrous metals industry. Mr Li holds a Bachelor’s degree in English language from the Normal College for Foreign Language of Beijing Union University in the PRC.
Non-executive DirectorMr Zhang, aged 54, was appointed as a Non-executive Director of the Company in February 2017. He is a member of the Company’s Audit and Risk Management Committee. Mr Zhang has been the General Manager of the Finance Department of CMC since January 2016, a director of CMNH and CMN since February 2016, and a director of Minmetals HK since August 2016. He was appointed as the Chairman of Minmetals Finance Co., Ltd. in September 2018. Mr Zhang was the Vice Chairman and a director of Xiamen Tungsten Co. Ltd (a company listed on the Shanghai Stock Exchange) from January 2014 to December 2014. He was also a director of HNG from August 2013 to January 2017 and a director of China Tungsten and Hightech Materials Co., Ltd. (a company listed on the Shenzhen Stock Exchange) from June 2016 to November 2018. Mr Zhang graduated from Zhejiang Metallurgical Economy College in the PRC, majoring in Financial Accounting. He also obtained a Master’s degree in Economics from Wuhan University of Technology in the PRC. Mr Zhang started his career at China National Nonferrous Metals Import and Export Corporation, working as the Financial Accountant since 1987. From 1997 to 2000, he served as the Deputy Chief of the Finance Division of China National Nonferrous Metals Industry Trading Group Corporation. From 2000 to 2002, Mr Zhang served as the Assistant General Manager of the Finance Department of China National Nonferrous Metals Industry Trading Group Corporation. He also served as the Assistant General Manager (from April 2002 to March 2003) and the Deputy General Manager (from March 2003 to October 2005) of the Finance Department of CMN. From October 2005 to May 2013, Mr Zhang was the Deputy General Manager of the Finance Department of CMC. From May 2013 to December 2015, he served as the Vice President and the Chief Financial Officer (CFO) of CMN and CMNH. From December 2015 to January 2016, Mr Zhang was the acting Deputy General Manager of the Finance Department of CMC. From December 2016 to August 2018, he was a director of Minmetals Development Co., Ltd. From April 2017 to May 2020, Mr Zhang was a director of Minmetals Capital Co., Ltd. and from July 2017 to June 2020, he was a director of Minmetals Innovative Investment Co., Limited.
Non-executive DirectorMr Xu, aged 53, was redesignated from an Executive Director to a Non-executive Director of the Company with effect from 1 January 2020. Prior to his redesignation, he was an Executive Director and Executive General Manager of the Company from May 2013 to December 2019 with responsibility for various areas, most recently China Relations, Marketing and Supply. Mr Xu was also a Non-executive Director of the Company from May 2009 to May 2013. He is a member of the Company’s Audit and Risk Management Committee and the Governance, Remuneration and Nomination Committee. Mr Xu was appointed as President of CMN in January 2020. He has been a director of CMN since February 2016. Mr Xu holds a Bachelor’s degree in Accounting from the University of International Business and Economics in the PRC, and a Master’s degree in Business Administration from Saint Mary’s University in Canada. He is a qualified senior accountant in the PRC, a fellowship member of the Certified General Accountants Association of Canada and a chartered professional accountant member of the Chartered Professional Accountants of British Columbia, Canada. Mr Xu has extensive experience in strategic planning, accounting, marketing and corporate financial and risk management. Mr Xu joined the CMC Group in 1991, holding a number of management roles from 1997 in various Finance departments. He was the Vice President and CFO of CMN between 2005 and 2013.
Independent Non-executive DirectorDr Cassidy, aged 75, was appointed as an Independent Non-executive Director of the Company in December 2010. He is the Chairman of the Company’s Governance, Remuneration and Nomination Committee and a member of Audit and Risk Management Committee. Dr Cassidy is a metallurgical engineer with more than 45 years’ experience in the resource and energy sectors, including more than 25 years as a director of major public companies. He was an independent non-executive director of Oxiana Limited (2002 to 2007); Zinifex Limited (2004 to 2008); Sino Gold Mining Limited (2002 to 2009); Lihir Gold Limited (2003 to 2010); OZ Minerals Limited (2008 to 2009); Energy Developments Limited (2003 to 2009) and Kerry Gold Mines Limited (2010 to 2018). Dr Cassidy was also non-executive Chairman of Allegiance Mining NL (April to July 2008) and a director of Eldorado Gold Corporation (2009 to 2010). He was CEO of Goldfields Limited from 1995 until its merger with Delta Gold Limited in 2002 to form Aurion Gold Limited where he remained a director until 2003. Prior to 1995, Dr Cassidy was executive director - Operations of RGC Limited. He was also a member of the Board of Advice of the Monash University Division of Mining and Resources Engineering. Dr Cassidy has most recently been involved in the development and operation of major mining and processing projects in Australia, the PRC, Laos, Papua New Guinea and the Cote d’Ivoire.
Independent Non-executive DirectorMr Leung, aged 69, was appointed as an Independent Non-executive Director of the Company in July 2012. He is a member of the Company’s Audit and Risk Management Committee and Governance, Remuneration and Nomination Committee. Mr Leung is a solicitor admitted to practise law in Hong Kong, England and Wales, and Victoria and the Australian Capital Territory in Australia. He holds a Bachelor of Social Science (First Class Honours) degree from the Chinese University of Hong Kong, and a Master of Philosophy degree from the University of Oxford. Mr Leung, a corporate finance and capital markets specialist, was a partner at Baker & McKenzie and for many years the head of its securities practice group in Hong Kong. He retired from Baker & McKenzie in 2011. Mr Leung was an independent non-executive director of Bank of China Limited (a company listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange) from September 2013 to September 2019.
Independent Non-executive DirectorMr Chan aged 70, was appointed as an Independent Non-executive Director, the Chairman of the Audit and Risk Management Committee and a member of the Governance, Remuneration and Nomination Committee of the Company in December 2019. Mr Chan has been an independent non-executive director of China Railway Signal & Communication Corporation Limited (a company listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange) since August 2018. Mr Chan graduated from Hong Kong Polytechnic majoring in accounting. He is a member of Hong Kong Institute of Certified Public Accountants, a fellow member of the Association of Chartered Certified Accountants of the United Kingdom, an associate member of The Chartered Governance Institute (formerly known as The Institute of Chartered Secretaries and Administrators) of the United Kingdom, and a member of CPA Australia. From January 1994 to December 2008, Mr Chan served as Beijing-based managing partner of the Tax and Investment Advisory Service Department and then managing partner of the NPA Transaction Advisory Service Department of Ernst & Young. He also served as a member of the executive committee of the Hong Kong Chamber of Commerce in China from 1996 to 2003 and the Chairman of Hong Kong Chamber of Commerce in China in 2000 and 2003. Mr Chan was an independent non-executive director of CRRC Corporation Limited (a company listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange) from May 2015 to May 2018. He was also an independent non-executive director of Metallurgical Corporation of China Ltd. (a company listed on the Hong Kong Stock Exchange and the Shanghai Stock Exchange) from November 2014 to April 2020.