BANRO CORPORATION
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2017 , it had gone through a CCAA ( Canada ) Bankruptcy proceeding .
Fast forward to early 2018 and the company emerged from its bankruptcy process with a financial restructuring and Banro embarked on a major rehabilitation project to re-establish the company as a premier central Africa gold mining company . Having worked in the global mining industry for over 20 years , with significant roles at Kinross Gold and a founding member of Katanga Mining ,
Brett Richards , Chairman and Chief Executive Officer , is best placed to spearhead this transformation journey . “ I ’ ve worked in Africa for the past eight years or so with private equity firms looking at the rehabilitation of assets to deliver value . Banro had and still has a number of operating challenges and has been under capitalised due to the bankruptcy ,” he says . “ It ’ s also one of the toughest jurisdictions in the world and so I ’ ve had to draw upon all of my
FEBRUARY 2019