Endeavour Mining Corp. (TSX:EDV) (OTCQX:EDVMF) has announced that Deloitte audit partner Joanna Pearson will be joining the company in the coming months to assume the role of executive vice president and chief financial officer in early 2021.
In the interim, the group said, Henri de Joux will continue to act as its interim chief financial officer and executive vice president for People and IT.
READ: Endeavour Mining says Fetekro could be its highest grade operation as it lifts indicated resource by 108%
In a statement commenting on the appointment, Sébastien de Montessus, CEO of Endeavour Mining said: “I am very pleased to welcome Joanna to our team. As our audit partner for the past six years, Joanna has a deep understanding of our business and has routinely visited our mine sites, which will enable her to quickly integrate with the team and the role. Given her extensive expertise in reporting, assurance, governance and internal controls in the mining industry, she will be an invaluable addition to our team.”
Pearson joins Endeavour after a successful career at Deloitte LLP (Canada) with more than ten years’ experience as an audit partner, including six years as the audit partner responsible for Endeavour, and over 20 years’ experience serving clients in public practice, with a focus on multinational mining clients.
The company said that in accordance with auditor independence regulations and to avoid any possible conflict of interest, Deloitte has resigned as the company’s auditor following the publication of its second-quarter 2020 results.
Deloitte will continue to work with Endeavour on other non-audit related consultancy projects, including providing advice to Endeavour on reporting in accordance with the Taskforce for Climate-related Financial Disclosure.
Having commenced an audit tender process, Endeavour Mining said it expects to appoint new auditors in the coming weeks, ahead of the preparation of the company’s third-quarter 2020 results.
Endeavour Mining is a multi-asset gold producer focused on West Africa, with two mines (Ity and Agbaou) in Côte d’Ivoire, four mines (Houndé, Mana, Karma and Boungou) in Burkina Faso, four potential development projects (Fetekro, Kalana, Bantou and Nabanga) and a strong portfolio of exploration assets on the highly prospective Birimian Greenstone Belt across Burkina Faso, Côte d’Ivoire, Mali and Guinea.
Contact the author at jon.hopkins@proactiveinvestors.com