Justin Loasby has been appointed as non-executive chairman of exploration firm Kenmare Resources, assuming the role from Charles Carvill. Mr Carvill, who has been chairman of Kenmare since 1986, is retiring.

Mr Loasby (64) joined Kenmare’s board last August as a non-executive director. He has extensive experience of African mining from his former position as associate director at the European Investment Bank.

Previously he worked at Morgan Grenfell Co in London.