Rainbow Rare Earths Ltd (LON:RBW) has appointed Avocet Mining’s (LON:AVM) Jim Wynn as its chief financial officer.
Wynn, who will take on his new position on 1 May, has stepped down from Avocet as CFO today and has been replaced by Yolanda Bolleurs.
He will be based in Rainbow's London office alongside chief executive Martin Eales.
"Jim's appointment represents another important step in Rainbow's rapid growth since the initial public offering in January as we form the key team to oversee the management and development of the Gakara project in Burundi ahead of targeted first sales by year-end through our offtake and distribution partner, tk Raw Materials, part of the Thyssenkrupp Group," Eales said.
His departure from Avocet prompted the miner to reshuffle its board and appoint Boudewijn Wentink as its new chief executive to succeed David Cather.
Wynn was also previously employed by Anglo American where he held a number of roles in the finance, business development and strategy departments of Anglo Industrial Minerals.