Our Board of Directors

Appointed Non-Executive Director and Chairman Designate in January 2024. Andrew has over 25 years’ experience in corporate finance and capital markets with significant financial and natural resources experience. He has a BA in Natural Sciences from the University of Cambridge and was previously a managing director at Rothschild & Co. in the Global Advisory team, where he worked for 25 years until 2018. During this time, Andrew advised governments, private and listed companies and joint ventures on strategy, fundraising, debt financing, mergers, on and off-market acquisitions, disposals and restructurings. Andrew currently serves as Chairman of Kenmare Resources plc and acts as a non-executive director of a number of private and not for profit companies.

Joined the Board as Chief Executive Officer on 1 April 2022. He brings a deep understanding of the royalty and stream sector, Ecora Resources’ current portfolio as well as its culture and values developed over the past ten years. Marc joined Ecora Resources in 2014 and was instrumental in the transformational Voisey’s Bay cobalt stream acquisition in 2021 and the acquisition of the South32 portfolio of copper and nickel royalties in 2022, pivoting the Group towards critical minerals and away from its coal heritage. Prior to joining the Group, he worked at Citigroup primarily in the metals and mining investment banking team as well as in the European leveraged finance team, where he worked on a variety of M&A transactions as well as debt and equity financings for clients across the metals and mining and other sectors. He has an MSc in Banking and International Finance from Bayes Business School and a BA (Hons) in Political Science from the University of Western Ontario, and became a CFA charterholder in 2013.

Joined Ecora Resources as Chief Financial Officer in January 2012, and was appointed Executive Director in January 2020. Kevin is a member of the Executive Committee and plays a key role in the overall management and direction of the Company in partnership with the Chief Executive Officer. He is a Chartered Accountant with over 20 years of experience in corporate finance both in practice and in the London listed market, having held senior roles within FTSE 100 and FTSE 250 real estate businesses. In his time with Ecora Resources, he has originated and negotiated all of the Group’s borrowing facilities and played a leading role in raising equity. Kevin is closely involved in all investment decisions and in driving the Company’s strategy.

Appointed Non-Executive Director in August 2021. She is also the Group’s Senior Independent Director and Chair of the Remuneration Committee. Varda is a highly experienced non-executive director, executive mentor and mining industry adviser with a career spanning over 30 years. Previously she was CEO of De Beers Trading Company, where she worked with stakeholders across the supply chain to introduce new distribution and price strategies for the business. In addition, Varda has worked extensively as an executive mentor focusing on leaders and business growth and transformation. Varda was previously a non-executive director of Lonmin PLC and served on the board of Petra Diamonds plc from January 2019 to November 2024, initially as a non-executive director before being appointed chair of the board of in November 2023. She also serves as chair of the nomination and investment committee. In addition to her role at Ecora Resources, Varda is also lead independent director and remuneration committee chair of Sarine Technologies, and trustee of the Teenage Cancer Trust. 

Appointed Non-Executive Director in January 2023. She has over 30 years’ experience in the finance and mining sectors. Christine is founder and managing director of Coignard & Haas GmbH, a strategy and corporate finance advisory firm specialising in emerging markets and a range of commodities including nickel, copper, gold, PGMs, lithium, iron ore, PGMs and rare earths. She has worked as managing director of HCF International Advisers, a leading independent strategic and corporate finance adviser to the metals and mining sector. Prior to that Christine was head of investment, strategy and corporate finance at Norilsk Nickel PJSC following several years of serving in various risk, project finance and corporate finance roles at the Royal Bank of Canada, Société Générale and Citi. Between 2014 and 2020 she was an independent non-executive director of Polymetal International Plc, serving as a member of the audit and risk committee, the nomination committee and the remuneration committee throughout this period, chairing the remuneration committee from 2015 to 2020. Between 2014 and 2018 Christine was also Polymetal’s senior independent director. Christine is currently a non-executive director of Eramet SA where she is a member of the nomination committee, the strategy and sustainability committee, and the audit, risk, and ethics committee. She is also a non-executive director of Rigel Resources Acquisition Corp. since 2021, a SPAC listed on the NYSE.

Appointed Non-Executive Director in November 2019. He was a partner at Ernst and Young for 26 years where, for his last 12 years, he was a lead partner in the extractive industry, responsible for co-ordinating the provision of a full suite of services to multinational mining and oil and gas clients including Xstrata, Fresnillo, and BP across a broad range of countries including emerging markets. In addition to audit services, Graeme provided critical advice for his clients on corporate governance structures, risk management, acquisitions, disposals and financial systems and controls. From 2011 to 2018, Graeme was a member of the Financial Reporting Review Panel. Graeme was a non-executive director of Ferrexpo plc from June 2019 to December 2023, where he also served as chair of the audit committee. In addition to his role at Ecora Resources, since December 2024 Graeme has served on the board of Capital Limited as a non-executive director and chair of the audit committee and as a member of the remuneration and nomination committees.

Appointed Non-Executive Director in October 2019. He has over 25 years’ experience in investment banking and investment management, specialising in the global mining and metals sector. James has extensive international experience, and brings to the Board considerable financial insight from the perspective of the capital markets and a deep understanding of the mining industry. He has held senior appointments with various companies including senior vice president with Capital International Investors, a division of Capital Group, and vice president of Equity Research at the investment bank HSBC James Capel in New York. James has also held investment analyst roles with Credit Lyonnais, covering diversified industrials, and with CRU international, covering the copper industry. He has previously served as a non-executive director of Anglo American plc from 2013 to 2020 and was the senior non-executive director of GT Gold Corp from 2019 to 2021 when it was taken over by Newmont Corporation. James stepped down as a non-executive director of Evraz plc on 3 March 2022 having served on the board since 15 June 2021. James served on the board of Centamin plc from January 2020 initially as deputy non-executive chairman and then as non-executive chairman from July 2020 to November 2024 when it was taken over by AngloGold Ashanti plc.

Appointed Non-Executive Director in September 2025. Michael is the nominee of South32 pursuant to its right under the Relationship Agreement between Ecora and South32 to appoint a director to the Board for so long as it holds not less than 10% of the Company's issued share capital. Michael has over 20 years’ experience in the mining sector, having held senior commercial and business development roles at Lonmin, BHP and most recently as the Vice President Business Development at South32 where he led the divestment of South32’s thermal coal operations in South Africa and oversaw the sale of the South32 royalty portfolio acquired by Ecora in 2022.