14 February 2012
Kagara appoints experienced financial and commercial professionals to Kagara's senior team
Kagara Limited (ASX: KZL - "Kagara") is pleased to announce
the appointment of Paul Warme to its Executive
Committee as Executive General Manager, Finance.
Mr Warme, who has 20 years of experience in commercial and
finance roles, primarily in the mining sector, joins Kagara
from a senior role in Rio Tinto where he was most recently
General Manager, Business Evaluation based in London. Paul
comes to Kagara from this leading mining house with a strong
background in capital investment and project reviews, fiscal
governance, and corporate transactions.
Recently, he was responsible for executing a number of
transactions to raise proceeds following the acquisition of
Alcan Inc. Among others, this included executing Rio Tinto's
first IPO since its merger with CRA in 1996, in the form of
Cloud Peak Energy Inc.
Prior to this appointment, Mr Warme held a number of other
senior commercial positions within Rio Tinto's corporate
function and its Industrial Minerals business. Before joining
Rio Tinto in 1997 he held a management position within the
private education sector and a financial accounting role with
Dreyers Inc (Nestle).
Kagara Managing Director Geoff Day said Mr Warme brought
extensive experience in corporate transactions, fiscal
governance and business processes along with a solid
commercial acumen. "I'm pleased to welcome Paul to Kagara's
executive team and look forward to his many contributions
including strengthening the financial and commercial
structure," Mr Day stated.
In addition to Mr Warme's appointment, Kagara is pleased to
announce the promotion of Cameron McLean to General Manager
Commercial and Company Secretary, further reinforcing the
Company's governance and knowledge base in this area. Mr
McLean has been with Kagara for six months and this promotion
is in recognition of his
significant contribution and the skills he brings to the
finance and commercial team.
Geoff Day
Managing Director & CEO
14 February, 2012
Mark Hands, Executive General Manager - Corporate
Kagara Limited - 08 9481 1211
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