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SourcingMar 27, 2018
Lucara Brings On New CFO
Zara Boldt will join the Vancouver-based mining company as Glenn Kondo and Jennifer Lecour depart.
Vancouver, Canada--Lucara Diamond Corp. has announced changes among its top executives.
Glenn Kondo, chief financial officer, and Jennifer Lecour, vice president, legal and corporate secretary, will leave their positions at the end of the month to pursue other opportunities, the mining company said, and as part of an effort to consolidate the management team in the company’s Vancouver office location.
On April 1, Zara Boldt will join Lucara as the new CFO and corporate secretary, assuming the responsibilities of both Kondo and Lecour’s roles.
Kondo and Lecour will remain with Lucara in an advisory capacity through May 31 to help with Boldt’s transition.
Boldt is a CPA and CGA with vast experience in senior financial roles at public companies in the mineral world.
Her most recent role was at Strongbow Exploration Inc. as CFO and corporate secretary. Prior to that she served in the same positions at Kaminak Gold Corporation, where she was charged with negotiating, documenting and executing a plan of arrangement for an acquisition transaction worth approximately $404 million.
At her previous role as vice president, finance and CFO at Stornoway Diamond Corporation, Boldt was on the senior management team charged with financing the development of the Renard mine in Quebec, which required over $700 million.
Boldt serves as a director and chair of the Audit Committee for companies Bluestone Resources Inc. and Gold Standard Ventures Corp.
Her hiring follows closely on the appointment of two other women at the top levels of Lucara’s management.
In February, the diamond miner named Eira Thomas, a co-founder of the mining company, as CEO to succeed William Lamb and Catherine McLeod, also a co-founder, to its board.
Thomas said in a press release about Boldt’s appointment, “I am delighted to be welcoming Zara into her new role as Lucara’s CFO and corporate secretary where she will be focused on maximizing the value of Lucara’s core diamond mining business at Karowe, and will also support the development of Clara, our new secure, digital diamond sales platform.
“On behalf of the board, I would also like to take this opportunity to thank Glenn and Jennifer for their long and valued service to the company. Under Glenn’s leadership, the company has developed and fostered a strong culture of fiscal responsibility and operational excellence, supported by a finance team with significant experience in both Botswana and Canada. Jennifer’s contributions included the establishment and management of key
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commercial contracts at Karowe, and the development of strong governance framework for the company.”
Lucara is the sole owner of the Karowe mine in Botswana, known for its production of large, Type IIa diamonds.
Lucara is the sole owner of the Karowe mine in Botswana, known for its production of large, Type IIa diamonds.
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