Petra Diamonds has officially named Vivek Gadodia and Juan Kemp as joint CEOs, following approval at the company’s annual general meeting on November 27. The duo, who have served as joint interim CEOs since February, will now continue in these roles on a permanent basis. Gadodia will lead the corporate strategy, while Kemp will oversee the miner’s operations, with both reporting regularly to the board.

“In the past nine months, we have shaped Petra into a more streamlined and resilient business as we worked through the company’s refinancing. We are committed to guiding the organisation forward, with a clear focus on delivering our extension projects and unlocking value for stakeholders in the short to medium term,” they said.

In parallel, Petra Diamonds has expanded and reshaped its board. Kushal Kamir, a finance veteran with more than 30 years of global experience in corporate banking, investment management, and credit markets, has joined as a nonexecutive director. Lerato Molebatsi has been appointed senior independent nonexecutive director, while José Manuel Vargas will now chair the remuneration and nomination committees. All appointments take effect immediately.

At the same time, Alex Watson, board observer, and Bernard Pryor, senior non-executive director and chair of the nomination committee, have stepped down from their roles.