Anthony Cina

Director, Chairman

Mr. Cina has over 30 years of experience in accounting, finance and tax-related matters and has extensive experience in the mining industry. Mr. Cina is a corporate director and board advisor to various mining and technology-related public and private companies. Prior to these roles, Mr. Cina served in several senior executive roles with mining companies, most recently as Senior Vice President, Business Administration at Yamana Gold Inc. Prior to joining Yamana Gold Inc., Mr. Cina was Chief Financial Officer of Itafos. Mr. Cina is a Chartered Accountant and Chartered Professional Accountant and has received the ICD.D designation from the Institute of Corporate Directors. Mr. Cina holds a Bachelor of Commerce degree from the University of Toronto..

Ricardo De Armas


Mr. De Armas is a Director at Castlelake, L.P. Mr. De Armas joined Castlelake, L.P. in 2016 as part of the Global Special Situations team and is responsible for investments in emerging markets across a variety of sectors including agribusiness and metals and mining. Prior to joining Castlelake L.P., Mr. De Armas was Vice President at De Jong Capital and Principal at Zaff Capital where he was instrumental in the acquisitions and restructurings that ultimately resulted in the formation of Itafos. Prior to joining Zaff Capital, Mr. De Armas was an investment banker at Citigroup where he focused on investments in Latin America across a variety of sectors including agribusiness and metals and mining. Prior to joining Citigroup, Mr. De Armas was a financial analyst at Procter & Gamble. Mr. De Armas serves on numerous boards, including Heron Resources Limited and North River Resources Plc. Mr. De Armas holds a Bachelor of Science in business administration from Universidad Metropolitana and a Master of Business Administration from Harvard Business School.

G. David Delaney


Mr. Delaney serves as Chief Commercial Officer at Farmer’s Business Network Inc., an independent network of thousands of North America’s most advanced farmers. Mr. Delaney previously served as Chief Executive Officer of Plaman Corp. and as a Strategic Advisor for Paine & Partners, a private equity firm that focuses on the large and growing food and agribusiness sectors. Prior to these roles he most recently was the Executive Vice President and Chief Operating Officer of PotashCorp (NYSE: POT, TSX: POT.TO) where he oversaw operations across the company’s business segments, spanning 16 different sites. As President of Sales and Marketing at PotashCorp, Mr. Delaney led the centralization of the global sales function and had oversight of all PotashCorp’s Sales, Marketing, Market Research, Transportation and Distribution activities. Prior to PotashCorp, he held various sales and product positions at Arcadian Corporation Ltd until it was acquired by PotashCorp in 1997. Mr. Delaney has served on numerous boards, including Arab Potash Company where he also served as a member of the Developmental Committee and as a Director at Canpotex. He has also served as Chairman for Fluid Fertilization Association and Phosphate Chemicals Expert Association (PhosChem) and was a Director for the International Plant Nutrition Institute. Mr. Delaney serves on the board of Orbis and the Foundation for Southern Illinois University, where he earned his Bachelor of Science in Agriculture.

Dr. Mhamed Ibnabdeljalil

Director, Chief Executive Officer

Dr. Ibnabdeljalil is a senior executive with over 20 years of multi‐billion-dollar sales, marketing, raw material procurement, logistics, complex deal structuring, negotiation, and M&A experience across geographies in emerging and developed markets. Prior to joining Itafos, Dr. Ibnabdeljalil was the Founder and Managing Partner at Spika Ventures LLC, a strategic advisory and corporate development firm based in Washington DC focused on natural resources, basic materials including fertilizers and industrials sectors. He served as the EVP and Chief Commercial Officer of OCP Group S.A., a global leader in the phosphate industry, and one of the leads in the corporate and strategic restructuring of OCP and reshaped its role in the phosphate fertilizer sector. Dr. Ibnabdeljalil served on the board of directors of several international companies and associations, including Prayon (Belgium), Paradeep Phosphate Ltd. (India), Bunge Maroc Phosphore (JV between OCP and Bunge Fertilizantes), Black Sea GÜBRE TİCARET A.Ş as Chairman (Turkey), IMACID (JV between OCP and Tata and Chambal Chemical), and EMAPHOS (JV between OCP and Prayon and Budenheim) and the International Plant Nutrition Institute as Vice Chairman. He also served on the boards of OCP’s subsidiaries Marphocean S.A. and Société de Transports et d’Affrètement Réunis S.A. and OCP International Coöperatieve U.A. as chairman, Maroc Phosphore S.A, Phosboucraa S.A, OCP de Argentina SA, OCP do Brazil and OCP Foundation. Dr. Ibnabdeljalil holds a Bachelor’s and Master’s degree in Aeronautical Engineering from the London University and a Ph.D. in Theoretical and Applied Mathematics from Cornell University.

Evgenij Iorich


Mr. Iorich serves as a Managing Partner at Pala Investments and is responsible for oversight of Pala’s private equity and liquid equity investment portfolios, as well as high-yield corporate debt portfolio. Mr. Iorich joined Pala in September 2006 and has since worked on a wide range of strategic initiatives, M&A opportunities, operational and financial planning and structuring in emerging markets. Mr. Iorich’s commodities experience extends across a broad range of bulk commodities, precious and base metals, uranium, minor metals and other commodities. Mr. Iorich is currently a Director of Nevada Copper Corp. (TSX:NCU). Prior to joining Pala, Mr. Iorich was a financial manager at Mechel, the Russian metals and mining company. Mr. Iorich graduated from the University of Zurich with a Master of Arts degree in 2004.

Rory O'Neill


Mr. O’Neill is Chief Executive Officer and Managing Partner at Castlelake, L.P. Mr. O’Neill founded Castlelake, L.P. in 2005 and is responsible for the firm’s overall direction, including all investment and operational activities, as well as establishing the firm’s vision, culture and investment approach. Mr. O’Neill also serves as chair of Castlelake L.P.’s Investment Review Committee and has overseen more than $25 billion of global investments in more than 60 countries across a variety of sectors including agribusiness, minerals, energy and transportation. Prior to founding Castlelake L.P., Mr. O’Neill was a senior managing director at Cargill Value Investment (now CarVal Investors) where he helped establish and grow the firm’s global investment business. Early in his career, Mr. O’Neill was a certified public accountant at KPMG. Mr. O’Neill serves on the Board of Trustees of the University of St. Thomas. Mr. O’Neill holds a Bachelor of Arts in business administration and biology from the University of St. Thomas and a Master of Business Administration from the University of Pennsylvania.

Ronald Wilkinson


Mr. Wilkinson retired from Agrium in February 2016 after a career spanning 40 years in the fertilizer industry. He served as Senior Vice President and President of Agrium’s Wholesale Business Unit from 2004 through September 2015. In this role Mr. Wilkinson was responsible for manufacturing operations for 12 production sites, along with the associated supply chain, sales, marketing and distribution. Prior to this role, he held various positions of increasing responsibility with Agrium, Viridian, Sherritt and Imperial Oil/Exxon Chemical. Mr. Wilkinson has served on various boards, including the Canadian Fertilizer Institute, Profertil S.A. and Canpotex, and is currently a Director of Fertoz Ltd. (ASX:FTZ). Mr. Wilkinson holds a Bachelor of Science Degree in Chemical Engineering from the University of Alberta.

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