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Tungsten Appoints Finance Director Kelly As Interim CFO

22nd Jan 2020 11:39

(Alliance News) - Tungsten Corp PLC said Wednesday it has appointed Finance Director Ian Kelly as interim chief financial officer with effect from February 28.

He will be replacing David Williams, who is stepping down after five years in the role at the analytics and financing company since 2013. Kelly will hold the role until a permanent successor is found.

Kelly has been part of Tungsten since November. Prior to that he was EMEA finance director for media producer Octave Music Group Inc in 2019, and before that was finance director at gift card and payments firm Blackhawk Network Holdings Inc for a year from 2017 to 2018.

"I would personally like to thank David for his strong contribution over the past five years. He strengthened the finance organisation and successfully stepped up as interim CEO in the period prior to my arrival. I wish him every success for the future," said Chief Executive Andrew Lemonofides.

Shares in Tungsten - which is based in London - were up 1.9% at 39.80 pence on Wednesday.

By Dayo Laniyan; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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