William Lamb will replace Eira Thomas as the president, chief executive, and director of Lucara Diamond.
He previously served as the chief executive of Lucara from May 2011 until February 2018, when Thomas, who co-founded the company in 2007 with Lukas Lundin and Catherine McLeod-Seltzer, succeeded him.
Lucara said that Lamb was responsible for the highly successful building of the first Karowe mine and associated amenities during his first term.
It said that his prior experience is perfect for promoting the successful completion of the company's important underground project.
The firm praised Thomas for adopting a unique diamond sales strategy for Lucara's production of rough stones weighing 10.8 carats or more through its arrangement with HB Antwerp, thereby producing consistent revenue at premium price terms.
In addition, she oversaw the commercialisation of Clara, a secure digital diamond sales platform, and negotiated a $220 million senior secured project finance debt package, allowing the underground expansion to proceed.
Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished
