Galiano Gold Inc., part-owner of Asanko Gold in Ghana, has announced that Greg McCunn has stepped down as Chief Executive Officer and as a director of the company.

The company, in a statement, also announced that it has appointed Matt Badylak, its current Chief Operating Officer, to the position of President & Chief Executive Officer. 

Mr Badylak has also joined the board of directors of the company.

He has held a number of senior management roles in operations over his 20 years of mining experience across North America, Australia, Asia and Africa and holds a Bachelor of Science in Extractive Metallurgy & Chemistry from Murdoch University in Perth and is a member of the Australian Institute of Mining and Metallurgy.

"On behalf of the Board of Directors, I would like to wish Greg the very best in his future endeavours," said Paul Wright, Galiano's Chairman. 

"With Matt assuming the senior leadership role, the company is extremely well-served to realise full value for all stakeholders in the Asanko Gold Mine, Ghana, West Africa”. 

“The company continues to carefully consider opportunities to grow its business in a manner that enhances our shareholders' investment”, he said.

Galiano is focused on creating a sustainable business capable of long-term value creation for its stakeholders through organic production growth, exploration and disciplined deployment of its financial resources.

The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa, which is jointly owned with Gold Fields Ltd. 

The company says it is committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighbouring communities.