Ashis Basu
Interim CEO Mr. Basu assumed the role of Interim CEO January 2010 for a maximum period of six months, as the company continues to evaluate candidates for this role. Mr. Basu, as the Executive Vice President of GMR Energy Limited, heads the Commercial & Contract function for the energy business and also heads the group's coal business, which currently includes development of a major thermal coal mine in Indonesia. Mr. Basu is a commerce graduate and a Chartered Accountant and brings nearly 25 years of rich working experience in the energy sector including power generation, transmission, distribution and coal mine development in the commercial, finance and business development areas. Prior to joining GMR Group in 2001, Mr. Basu was working for RPG Group, a major diversified industrial group in India (last position held was that of Chief Manager -- Finance) for nearly 17 years. During his career, Mr. Basu been involved in financial and accounting aspects of running a large private utility, has had key roles in the development and financing of a captive coal mine, negotiation and implementation of high value construction contracts, operation and maintenance of such contracts for power projects with domestic and international suppliers, project financing involving multilateral agencies, export credit agencies, financial institutions, negotiation of large value contracts for mine development and operation, setting up joint ventures and all related commercial areas.
Hentie Hoffmann
Chief Operating Officer & Managing Director, HMESA Mr. Hoffmann was appointed Chief Operating Officer of Homeland Energy Group in January 2010 and also serves as Managing Director of the fully owned subsidiary, Homeland Mining & Energy, South Africa. He is a South African citizen and has worked in the South African coal mining industry for twenty three years. Mr. Hoffmann holds a Bachelors degree in Mining Engineering, numerous Coal mining certifications and obtained his MBA in 2005 from the Henley Management College in South Africa. Mr. Hoffmann is a member of the South African Coal Mine Managers association where he has served as both member and council member as well as being a member of the South African Institute of Mining and Metallurgy and is registered with the Engineering Council of South Africa.
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Jeff Lowe
Acting Chief Financial Officer
Toronto, Canada Mr. Lowe is a senior corporate finance, capital markets and corporate governance professional with experience acquired across a diverse industry base including mining, consumer products and telecom. Previously, Mr. Lowe served as a Vice President and Corporate Treasurer for a number of companies, and has led a corporate turnaround and restructuring culminating in the negotiation of complex debt facilities. Mr. Lowe holds an MBA from the Rotman School of Management, University of Toronto, is a Certified General Accountant and holds the accreditation ICD.D as a member of the Institute of Corporate Directors.
