Bauxite from Sierra Leone
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Sierra Mineral Holdings 1 Limited,
37 Wellington St., Freetown Sierra Leone

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Steluta-Mariana Niculae – Despa

Mrs. Niculae – Despa joined Alro S.A. as economist in 1996 and from 2005 holds position of Deputy Chief Finance Officer overseeing financial-economic activity of the Group both in Romania and Sierra Leone. In 2012 she was appointed as Board Member of Sierra Mineral Holdings I Limited, a subsidiary company responsible for the Group’s mining operations in Sierra Leone, Global Aluminium Limited and Bauxite Marketing Limited, both subsidiary companies of the Group responsible for trading activity.

Mrs. Niculae – Despa’s role includes, among other responsibilities: establishment of Group’s standards for accounting treatment and financial indicators, certification of compliance of Groups reporting to International Accounting Standards, development and implementation of advanced financial reporting and consolidation of Group’s reports for internal and external use on annual, quarterly and monthly basis, coordination of Group’s audit activities, development and implementation of cost controlling policies, management of short-term , long-term and syndicated loans.

Mrs. Niculae – Despa is an exceptionally qualified executive, graduate of Faculty of Economic Sciences and Post-graduate of Conservatoire National des Arts et Metiers (Paris) and is an active member of the Association of Chartered Certified Accountant UK (ACCA).