The Company will be led by an executive team combining energy-infrastructure, project-finance and cryogenic-engineering experience, appointed against the mandates below and complemented by a King IV-aligned board and lender-governance architecture.
|
Role |
Mandate |
Required profile |
|---|---|---|
|
Chief Executive Officer |
Strategy, capital, regulatory & DFI relationships |
15+ yrs energy infrastructure; African development-capital track record |
|
Chief Operating Officer |
Drilling, plant construction & operations |
LNG/midstream leadership; EPC management at R1bn+ scale |
|
Chief Technology Officer |
Cryogenic systems, plant design, vendor management |
Deep cryogenics/helium expertise; OEM-side experience valued |
|
Chief Financial Officer |
Project finance, treasury, lender reporting |
Project-finance CFO; DFI covenant regimes; listed-readiness |
|
Head of Exploration |
Resource discovery & certification |
Karoo geology; SAMREC/PRMS certification experience |
|
Head of Commercial |
Offtake origination & key accounts |
Industrial energy sales; mining-sector networks |
|
Head of HSSE & Sustainability |
Safety, environment, community & ESG |
Process-safety leadership; IFC Performance Standards fluency |
Board and governance architecture
- Seven-member board, two executive, two investor-nominated, three independent non-executive including an independent chair, King IV aligned from inception.
- Committees: Audit & Risk; Investment & Finance (approves tranches against milestones); HSSE & Ethics; Remuneration & Nominations.
- Lender governance: quarterly compliance certificates, independent-engineer sign-off on drawdowns, annual reserves re-certification and the covenant dashboard of Section 16.
- A delegation-of-authority matrix caps unbudgeted commitments at R10m below board level; related-party transactions require independent-director approval.
Key-person risk and talent strategy
Cryogenic and helium-specific skills are globally scarce. Mitigations include OEM secondment agreements during commissioning, retention equity vesting on operational milestones rather than time, a documented succession plan for the CTO and Head of Exploration, and a university engineering-faculty partnership creating a cryogenics traineeship pipeline, simultaneously an ESG deliverable and a talent moat.