Vast Resources appoints Paul Fletcher as new CFO

Mining outfit Vast Resources appointed former Bunge executive Paul Fletcher as chief financial officer on Friday, with immediate effect.

Vast Resources tapped the chartered accountant to assume the day-to-day financial management duties of current CFO, Carl Kindinger, who will be stepping down from his role at the AIM-listed group.

Fletcher, who has more than 25 years experience in the commodity and financial services industries, joins Vast from Bunge, a US-based agribusiness and food business, where he spent the last decade of his career.

Chief executive Andrew Prelea said: "I am delighted to welcome Paul to the team, and I am confident that he will prove to be a valuable addition to our senior management group."

"Roy Tucker and I would also like to take this opportunity to thank Carl for his stalwart support for the company over the past two and a half years and wish him all the very best for the future."

As of 0845 GMT, Vast shares had slipped 3.53% to 0.16p.