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Centamin executive chair moves to nonexecutive role

Centamin PLC said Jan. 2 that executive chair Josef El-Raghy moved to the role of nonexecutive chair, effective Jan. 1.

Additionally, the company hired a recruitment agency to help find three independent nonexecutive directors, one of whom will transition into the role of nonexecutive chair in 2020.

Following these changes, the board will comprise two executive and six nonexecutive members.