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Santacruz Silver Mining Ltd., a prominent player in the mining sector, has made a noteworthy announcement regarding a new board member. Effective from November 17, Bruce Wolfson will join the board, bringing with him over four decades of rich experience in international finance, law, and investment management. His extensive background highlights a career characterized by significant roles across emerging markets, particularly in Latin America and Asia.
Wolfson’s Distinguished Career
Throughout his varied career, Mr. Wolfson has played pivotal roles in structuring, placing, investing, and divesting both public and private equity. His expertise extends to the financing and restructuring of emerging market debt. He held the position of General Counsel at Jaguar Growth Partners, LLC, a firm focused on investment management in Latin America and Asia. His responsibilities there showcased his capability in overseeing legal and compliance matters, further solidifying his reputation in the finance sector.
Previous Legal Roles
Prior to his tenure at Jaguar, Wolfson was a part of the Corporate and Latin America Practice Groups at the prestigious law firm Bingham McCutchen LLP, now known as Morgan Lewis & Bockius LLP. His earlier experiences include being a partner and General Counsel at The Rohatyn Group, an asset management firm concentrated on emerging markets. He notably served as Senior Managing Director within the legal department at Bear, Stearns & Co. Inc., where he was responsible for legal oversight related to trading, sales, capital markets, and various investment banking activities.
Experience in Latin America
Mr. Wolfson’s career began with a significant role at Bank of America, where he acted as the resident counsel in Mexico from 1982 to 1986. In this capacity, he was instrumental in the legal restructuring of the bank’s Mexican loan portfolio, demonstrating his capability in navigating complex financial landscapes. His advisory roles have also included consulting with regulators in both Latin America and Asia on foreign investment regulations, which underscores his deep understanding of investment climates in these regions.
Academic Contributions
In addition to his professional endeavors, Mr. Wolfson has contributed to academia as an adjunct professor at notable institutions such as Columbia University in New York and Vanderbilt University in Nashville. This academic involvement reflects his commitment to sharing knowledge and fostering the next generation of financial and legal experts.
Company Leadership and Future Direction
Arturo Préstamo, the Executive Chairman and CEO of Santacruz, expressed enthusiasm about Wolfson’s appointment. He stated, “We are thrilled to welcome Bruce Wolfson to our board of directors. His extensive expertise in international finance and emerging markets will greatly enhance our strategic vision as we aim for sustainable growth. His profound understanding of Latin American markets, combined with decades of experience in investment and legal matters, makes him a remarkable asset to our leadership team.”
Moreover, the company has announced that Roland Löhner plans to resign from his position on the board following the upcoming annual general meeting scheduled for November 25. Löhner has been a valuable member of Santacruz for over a decade, and his contributions have played a significant role in the company’s development. Préstamo acknowledged Löhner’s dedication, stating, “We extend our heartfelt gratitude to Roland for his unwavering support and guidance over the years. His insights have been invaluable during transformative times for Santacruz.”
About Santacruz Silver Mining Ltd.
Santacruz Silver is actively involved in the operation, acquisition, exploration, and development of mineral properties throughout Latin America. In Bolivia, the company manages the Bolivar, Porco, and Caballo Blanco mining complexes, which include the Tres Amigos and Colquechaquita mines. The Reserva mine, contributing to the San Lucas ore sourcing and trading business, is also located in Bolivia. Additionally, Santacruz oversees the Soracaya exploration project and operates the Zimapán mine in Mexico.
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