Lotus reshapes board as Kayelekera restart approaches
ASX-listed Lotus Resources is refining its leadership structure as it advances toward the planned restart of its Kayelekera uranium project in Malawi by the third quarter of 2025.
Greg Bittar, who has served as CEO, has been appointed MD effective immediately. The company views this move as recognition of Bittar’s contributions since taking the helm, particularly his role in guiding Lotus through key milestones, including securing funding for the Kayelekera restart and achieving progress on operational goals.
In addition, executive director and founder Grant Davey will remain in his role throughout 2025, ensuring the company continues to benefit from his mining and technical expertise. This continuity is expected to bolster production plans and support broader growth strategies for the Kayelekera project and the company’s other uranium asset, the Letlhakane project in Botswana.
Keith Bowes, who has been a cornerstone of the company’s technical leadership, has resigned as technical director for personal reasons but will continue in his executive role for the next three months. Lotus notes that Bowes’ contributions over his four-year tenure have been instrumental in advancing both Kayelekera and Letlhakane, particularly through his delivery of the Kayelekera definitive feasibility study and front-end engineering design.
The board, chaired by Michael Bowen, is focused on maintaining a blend of skills and expertise that aligns with Lotus’ production, development, and growth objectives. Bowen expressed confidence in Bittar’s ability to steer the company through this phase, highlighting the progress achieved under his leadership and the board’s confidence in his strategic and operational vision.
Lotus says that further adjustments to the board composition are expected before the close of the 2025 financial year.
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