Skip to main content
Jun 16, 2011

Mining giant's general counsel steps down

Randal Barker, corporate secretary and general counsel of Eurasian Natural Resources Corporation (ENRC) has resigned from his post amid an internal corporate governance probe.

 

According to the Wall Street Journal, Barker submitted his resignation less than one week after four board members left the $1.5 billion Kazakstan-based company. Coincidentally, two of the independent directors, Richard Sykes and Kenneth Olisa, were voted off the board by shareholders last week.

As a result of the moves, ENRC has launched a three-month governance review.

 Barker, who joined the company in 2008, and previously worked as group legal director and group company secretary of Resolution, a London-based insurance company. Barker is also a former European general counsel at General Electric and a senior associate at Lovells.

Calls to ENRC were not acknowledged at press time.

Aarti Maharaj

Aarti is deputy editor at Corporate Secretary magazine