Tungsten Corporation PLC announced that after five years of financial leadership, David Williams, Chief Financial Officer, will be leaving the Group to pursue other opportunities and challenges. He has agreed to stay at Tungsten for a six-month transition period to ensure a smooth and seamless handover to his successor. He will step down as CFO and from the Board on Friday 28 February 2020.

A search for a new CFO is underway and the Company plans for David's replacement as CFO to be in place early in the new financial year before his departure at the end of July. Tungsten is appointing Ian Kelly FCA as interim Chief Financial Officer. Ian is currently Group Finance Director at Tungsten, having previously been the EMEA Finance Director at Octave Music Group INC; Finance Director at Blackhawk Network and International Finance Director at Axiomlaw.