Neo Energy Metals (LSE:NEO) has reshaped its board as it moves toward development and financing of its South African uranium and gold assets, naming Neal Froneman as Independent Non‑Executive Chairman effective 24 April and appointing Sajjad Sabur, John Wallington and Johan Reeder as independent non‑executive directors.
Neal Froneman was chief executive of Sibanye‑Stillwater until September 2025 and has chaired the World Gold Council since 2023. His four decades in mining include senior roles at Gold Fields, Harmony, JCI and Aflease Gold; he also holds non‑executive roles at Podium Minerals and DRA Global.
Sajjad Sabur joins from Gilini Group where he is Chief Investment Officer and was previously Managing Director, Head of Direct Investments at HSBC Private Equity. John Wallington brings more than 40 years’ operational leadership, including 27 years at Anglo American and roles at Sibanye‑Stillwater and Riverdale; he is currently a non‑executive director of Glencore. Johan Reeder is a chartered accountant with 35 years of international mining and finance experience.
The appointments follow last year’s hires of CEO Theo Botoulas and CFO De Wet Schutte. Jason Brewer, Sean Heathcote, Bongani Raziya, Jackline Muchai, James Longley and Charles Tatnall will step down with effect from 22 April.
"We are pleased to announce these high‑profile additions to the Neo Energy board. I believe this not only speaks to the exciting potential we see in the New Beisa and Henkries assets, but also for what Neo Energy can become by combining the new management and board together under one roof," Theo Botoulas said.
