Chesterfield Resources plc has appointed chief financial officer Ajay Kejriwal as interim chief executive officer.
Chesterfield said that he would continue as CFO and has agreed to a reduction in renumeration as he increases his responsibilities to the company.
During the interim period, Chesterfield will focus on third party transactions following which it intends to appoint a new CEO.
Mr Kejriwal has been involved in the junior resource sector for more than 20 years.
He has led a number of transactions, raised capital for several juniors and advised as a consultant or director to many mining and resource companies.
Mr Kejriwal is currently a non-executive director for Apollo Minerals and several private entities.
He has also worked at Morgan Stanley, Cazenove and co. and Nomura International.
Mr Kejriwal qualified from PwC in London as a chartered accountant.