Our Board

Louis Lodewyk Coetzee

Non-Executive Chairman

Louis Coetzee has 27 years’ experience in business development, promotion and financing in both the public and private sector. In earlier years, he concentrated on exploration and mining ventures where he has founded, promoted and developed a number of junior mineral exploration companies based mainly on Tanzanian assets. Over the past seven years, he has focused his attention on developing a comprehensive portfolio of energy projects in Southern Africa and the United Kingdom.

Coetzee has tertiary qualifications in law and languages, project management, supply chain management and an MBA from Bond University, Australia, specialising in entrepreneurship, and business planning and strategy. Over the course of his career, he has worked in various project management and business development roles, mostly in the mining and energy sectors. Coetzee is currently the CEO of AIM- and JSE-listed Kibo Energy PLC (AIM: KIBO; AltX: KBO), Executive Chairman of AIM-listed Katoro Gold PLC (AIM: KAT), and Non-Executive Chairman of LSE-listed (Standard List) Mast Energy Developments PLC (MED) (LSE: MAST).

Pieter Krügel, ACA, BFP, CA (SA)

Chief Executive Officer and Executive director

Pieter Krügel previously worked as the Group Chief Financial Officer of the Kibo Group, where he has leveraged his experience in capital raising, corporate restructuring, economic analysis, IFRS reporting and strategic planning to contribute to the growth of the Group. Prior to this, he held senior financial and executive roles over the course of 15 years, with specific reference to the energy and resources industries.

He is a qualified chartered accountant and a member of the Institute of Chartered Accountants in England and Wales (ICAEW). Krügel has been intimately involved in the MED business since the Group’s initial acquisition of MED in 2018 as well as its involvements in the reserve power market. He was also part of the core team that led to the successful IPO of MED in 2021.

Paul Venter

NON-Executive Director

Paul Venter has 35 years’ experience within the mining and power-generating industries. He spearheaded the projected development of an integrated open-pit mine, 4 by 150 MW power plant and 200-kilometre transmission complex in Mongolia prior to successfully rebranding and leading the developing of Ncondezi Coal into an integrated open-pit mine with 2 by 150 MW power plants and 93-kilometre transmission complex.

In recent years, Venter established Mast Energy Projects Limited and contributed to the successful sale of a 60% equity interest of Mast Energy Projects Limited to Kibo Energy PLC. Between 1982 and 1998, Venter was a certified financial accountant of South Africa. Furthermore, he holds an MDP in Mining from the University of South Africa and an honours degree in Business Administration from Potchefstroom University, South Africa. From 2009 to 2012, he was a director and the Vice-President of Energy Operations at Canadian-listed Prophecy Coal Corp and from 2012 to 2015, he held the position of Chief Executive Officer of Ncondezi Energy, an AIM-listed company (AIM: NCCL). Venter is the former CEO of Mast Energy Developments.

Dominic Traynor

NON-Executive Director

Dominic Traynor is a London-based company director and solicitor who specialises in equity capital markets, as well as a partner at Druces LLP, one of London’s oldest law firms. At Druces, and formerly at niche capital-markets firm Ronaldsons LLP, he advised on the structuring and listing of more than 30 companies on the main market and Alternative Investment Market (AIM) of the London Stock Exchange (LSE).

Further to this, he is a director of private equity group and fintech investor Prism Group and its associated WizzFinancial companies, Australian-Saudi electric-vehicle battery chemicals company EV Metals Group PLC, and a founding director of AIM-listed construction materials company SigmaRoc PLC in addition to sitting on the boards of a number of other companies. Traynor also has extensive experience in corporate governance and graduated from the College of Law, York, before receiving his LLB from Durham University, England.