May 032021
Gem Diamonds appoints Rosalind Kainyah to its Board as Independent Director

– UK, London –  Gem Diamonds Limited (LON: GEMD) today announced the appointment of Rosalind Kainyah MBE to its Board as an independent non-executive director from 1 May 2021, to meet UK corporate governance independence expectations. Concurrently, Johnny Velloza (previously deputy CEO) will be stepping down from the Board with effect from 1 May 2021.

“On behalf of the Board I would like to thank Johnny for his significant contribution and commitment to Gem Diamonds over the last 5 years. The Company has benefitted from his business acumen, his deep technical expertise and his wide international experience and we are pleased that he will remain involved. We are delighted to welcome Rosalind Kainyah to the Board of Gem Diamonds and are confident that her independence, experience, notably within the diamond industry, and skills will be a strong asset to the Board.” said Board Chairman, Harry Kenyon-Slaney.

About Rosalind Kainyah

Rosalind Kainyah is the founder and Managing Director of Kina Advisory Limited, a trusted advisor to Boards and Senior Executives of global companies on Sustainability, and responsible business investment and partnerships in emerging markets. She trained as a lawyer and is a member of the Bar of England and Wales and the Chartered Institute of Arbitrators. Rosalind has almost 30 years of combined international, senior management, executive, and board-level experience. She has worked with companies and organizations including Linklaters, Anglo American Corporation of South Africa, De Beers, Tullow Oil plc, the United Nations Environment Programme, and ERM, and on projects across Africa, in the UK, Europe, North & South America, Asia, and the South Pacific. As a result, she has a wide network and is respected across a range of stakeholders from governments and corporates through civil society organizations and media for her professional expertise and as a woman of integrity and credibility.

Ms. Kainyah is currently a Non-Executive Director of CAL Bank Limited, Ghana; Board member of Results for Development; Vice Chairperson of the Africa Gifted Foundation; and Founding President of the Ghana chapter of International Women’s Forum.

About Gem Diamonds:

Gem Diamonds is a leading global diamond producer of high-value diamonds. The Company owns 70% of the Letšeng mine in Lesotho. The Letšeng mine is famous for the production of large, top color, exceptional white diamonds, making it the highest dollar per carat kimberlite diamond mine in the world.

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