In a move reflecting its evolution, Volt Resources Ltd has revealed changes to its leadership structure, laying the groundwork for its transition into an integrated battery materials business.
As part of this strategic transformation, the company unveiled the following shifts in leadership:
Non-executive chairman Asimwe Kabunga will assume the role of executive chairman.
Prashant Chintawar, who has served as CEO since January 1, 2023, will expand his role by taking on the position of managing director. This role addition includes joining Volt’s Board of Directors.
Trevor Matthews, who has served as an executive director since the beginning of the year, has tendered his resignation as a director of the company.
The reshuffling of the board comes as Volt transitions into an integrated battery materials company with a keen focus on specialty chemical and battery material businesses.
Transformation on the cards
Volt executive chairman Asimwe Kabunga said: “Volt is undergoing transformation and these changes are consistent with our plans for the company.
“As we transition into an integrated battery materials company, Prashant’s track record of creation and scale-up of new specialty chemical and battery material businesses, product profit and loss management, and industrialization will be valuable.
“We thank Trevor for his years of dedicated service as a director of the company.”