Desterio Oyatsi has been appointed as the Chairman of the Base Titanium board. The previous chair, Professor Joseph Maitha, has retired having served in the position for 8 years.
Oyatsi is an Advocate of the High Court of Kenya and has been a Base Titanium Board member since 2016. He sits on several Boards and is currently Chairman of Commercial Bank of Africa Group and Metropolitan Life Insurance Kenya Limited. He has previously served as a director in various leading organizations, including Telkom Kenya and the Capital Markets Authority.
Professor Maitha will continue as a Non-executive Director of Base Titanium Limited until 31 December 2018.
Base Titanium Limited is a wholly-owned subsidiary of Base Resources Limited. Its flagship development is the Kwale Mineral Sands Mine. Construction of the Kwale Mine was completed at the end of 2013 and the first bulk shipment of mineral sands departed from Mombasa in February 2014.