In a significant corporate governance development, Natascha Kalo has been appointed as interim executive commissioner of N.V. Grassalco following her nomination by shareholders. The company’s Board of Commissioners ratified the appointment during an emergency meeting held Thursday morning.
Kalo’s elevation to this temporary leadership position comes just days after the Board suspended CEO Wesley Rozenhout on Monday, January 12th. This decisive action is directly connected to an ongoing investigation into the disappearance of approximately four kilograms of gold from the state mining enterprise.
The Board of Commissioners, chaired by Berto Sampi, emphasized the critical need for unimpeded information flow to ensure a thorough and independent investigation. The suspension of Rozenhout was additionally justified by alleged violations of company statutes according to official statements.
In her new capacity as executive commissioner, Kalo will assume specific temporary duties and authorities to exercise intensified oversight of organizational operations. This interim governance structure will remain effective until the appointment of a new permanent chief executive officer.
Meanwhile, Grassalco has initiated an internal ‘quickscan’ assessment while maintaining normal daily operational activities. The current Board of Commissioners comprises Chairman Berto Sampi alongside members Steven Jungerman, Joël Anches, and Ivan Brunswijk, who will continue to provide governance during this transitional period.