Aguia Appoints Fertiliser Proffesional to Board
March 12, 2013 (Source: Aguia Resources) — The Board of Aguia Resources Limited (“Aguia” or “Company”) is pleased to announce the appointment of Mr Prakash Hariharan as a Director of the Company.
Mr Hariharan is a chemical engineer with experience in Agrochemicals with a major global firm and has worked as a highly successful fund manager focused on the agriculture and technology sectors. He brings an excellent understanding of the agriculture sector in Brazil and Aguia’s highly prospective phosphate and potash projects and provides a wealth of experience from technical, financial and capital markets perspectives.
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Prior to joining Aguia, Mr Hariharan was a highly successful portfolio manager for Front Street Capital, a leading investment firm in Toronto, Canada which he joined in 2005. He has been an active manager in growth portfolios, particularly related to agriculture and technology. He managed the Front Street Growth and Income Class portfolios and off shore Resource Growth Funds in the small/mid-cap space. He also acted as one of the primary co-portfolio managers of the Front Street Diversified Income Class portfolio, with combined assets in excess of $400 million.
His role as a portfolio manager included the identification, analysis and investment in early stage fertiliser growth stories particularly in the phosphate and potash sectors on both the ASX and TSX capital markets. During this time, a number of successful investments were made in the Brazilian phosphate and potash sectors.
Prior to his career in funds management Mr. Hariharan worked as a process engineer with leading multinational – BASF in the Agrochemicals business involved in specialty chemicals for the agricultural sector. He holds a financial engineering degree from York University, an MBA from the Schulich School of Business and an undergraduate degree in Chemical Engineering.
“We welcome the addition of Prakash to the Aguia Team” commented Mr Simon Taylor, Managing Director of Aguia. “We have an exciting time ahead as we move the Tres Estradas phosphate and other projects along the development curve through project scoping and subsequent feasibility studies and Prakash will make a valuable contribution to successfully executing these developments. We have an excellent team of exploration, development and corporate fertiliser professionals overseeing our programs. His appointment further bolsters Aguia and complements our experienced technical team in Brazil.”
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