Board and Executive Update

Board and Executive Update

Bannerman Energy Limited (ASX:BMN, OTCQX:BNNLF, NSX:BMN) advises of changes to its Board and key executive roles, effective from early March 2024, in further preparation for planned development of its flagship Etango Uranium Project in Namibia.

After almost 15 years of dedicated service, Mr Ronnie Beevor will be retiring from the Bannerman Board. Bannerman’s current Managing Director and CEO, Mr Brandon Munro, will assume the role of Executive Chairman. Ms Alison Terry will be appointed as Lead Independent Director and Mr Gavin Chamberlain is to be promoted from Chief Operating Officer to the Company’s Chief Executive Officer.

“These changes are designed to set up our business for the next exciting phase of its advancement. Critically, they allow us to further build senior executive capacity as we approach the targeted construction and long-term operation of a world-class uranium mine at Etango. I would like to congratulate Gavin on his elevation to CEO. Over the past year I have seen first-hand his talents and expertise in action – he is the ideal individual to assume the role and Bannerman is in the best of hands as a consequence. I would also like to extend my deepest gratitude to Ronnie for his guidance and mentorship, since my appointment eight years ago. He has been an outstanding Board leader and a wonderful ambassador for both Bannerman and the nuclear industry at large. I look forward to him remaining a close friend and ally of the business as we transition through the next key phases at Etango. Thank you, Ronnie, and all the very best.”

“I am delighted to move into the role of CEO. Having had the opportunity to work closely with the Bannerman Board and key executive team over the past year, I believe we have a high-performance organisation that is a solid platform to transition into future operations. I look forward to further driving our business and the Etango Project to deliver substantial, sustainable benefits for all stakeholders.”

The full announcement can be downloaded here.

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