Petra Diamonds Limited
Annual Report and Accounts 2013
Corporate Governance
Board of Directors
Adonis Pouroulis (43)
Non-Executive Chairman
Mr Pouroulis leads the Board of Directors and works with
the Executive Directors on strategy and other matters. He serves
as Chairman of the Nomination Committee.
Appointment date
March 1997
Mining engineer – University of Witwatersrand,
South Africa
Mr Pouroulis is a mining entrepreneur whose
expertise lies in the discovery and exploration of natural
resources across Africa, including diamonds, precious/base
metals, coal and oil and gas, and bringing these assets into
production. He founded Petra Diamonds in 1997 and it became
the first diamond company to float on AIM. He has since
chaired Petra as it has developed into a mid-tier diamond
producer of global significance and London’s largest quoted
diamond mining group.
External appointments
Non-executive director
of Chariot Oil & Gas plc
David Abery (50)
Finance Director
Mr Abery leads the financial management of the Group and
is responsible for financing, treasury, financial controls, reporting,
legal, investor relations, compliance and corporate governance.
Appointment date
July 2003
Chartered accountant – ICAEW
Mr Abery has extensive experience as a chief
financial officer in both the South African and UK business
environments. He has been integral to the structuring and
delivery of strategic Group corporate development and
acquisitions at Petra, as well as the implementation of a number
of innovative financing transactions. He is responsible for
all matters pertaining to Petra’s UK listing.
External appointments
Johan Dippenaar (56)
Chief Executive Officer
Mr Dippenaar leads the management of the Group,
implements the agreed strategy and runs the business
on a day-to-day basis. He chairs the HSSE Committee.
Appointment date
June 2005
Chartered accountant – member of the South
African Institute of Chartered Accountants
Since 1990 Mr Dippenaar has been involved in
the leadership and management of diamond mining companies.
Prior to his appointment as CEO of Petra, he was CEO of
ASX-quoted Crown Diamonds which merged with Petra in
2005. Since the merger, he has led Petra through a period of
significant growth, taking the Company’s annual production
from ca. 175,000 carats in FY 2006 to 2.67 million carats
in FY 2013, and establishing the Company as a leading
independent producer.
External appointments
Jim Davidson (68)
Technical Director
Mr Davidson leads the technical management team and is
responsible for the direction and implementation of the Group’s
technical and exploration programmes.
Appointment date
June 2005
Geologist – member of the Geological Society
of South Africa and registered with the South African Council
for Natural Scientific Professions
Mr Davidson is an acknowledged world authority
on kimberlite geology and exploration, as well as an expert on
the optimal recovery of diamonds through plant processes and
other automated methods. He has spent in excess of 30 years
associated with diamond exploration and mining, of which over
20 years have included mine management in South Africa, and
was formerly head of diamond exploration in Southern Africa
for BP Minerals (subsequently Rio Tinto) before joining
Crown Diamonds.
External appointments
1...,48,49,50,51,52,53,54,55,56,57 59,60,61,62,63,64,65,66,67,68,...142