Management

Parent Company Managing Director & Subsidiary Management

 

Hanuma Prasad Modali

Hanuma Prasad Modali, M.Sc., Ph.D., MAusIMM, Managing Director,

Deccan Gold Mines Limited ("the parent Company")

M. Hanuma Prasad has extensive experience in Exploration and Mining industry in India and overseas. In his long career, spanning over 27 years, Hanuma has worked in various capacities in Exploration and Corporate Management. As an Exploration Manager, he has led several greenfield and brown field exploration projects for gold, base metals, nickel-PGE, mineral sands and iron ore. He has held key management positions, including Chief Executive Officer, in which he is involved in fundraising and corporate management.

Hanuma started his career with Geological Survey of India in 1994 where he carried out geological mapping and exploration for gold. His work in Central India has helped in bringing out new regional geological concepts. Hanuma joined Australian Indian Resources Group (AIR) in the year 2001 and continued to work with the Group for the last 20 years. As an Exploration Manager, he has explored Archaean and Proterozoic terrains of central India for gold, base metals, Ni-Cu-PGE and made significant discoveries. He was actively involved in the exploration research on generating new gold and Ni-PGE targets in India. During this period he has also built exploration teams and explored various parts of Africa for other mineral resource companies which have consultancy arrangements with AIR Group.

Since 2008 Hanuma was closely associated with the Business Development team of the AIR Group, during which he carried out due diligence of several precious commodity projects in India, Africa and South America. He has been associated with fund raising into AIR and Geomysore Services (India) Pvt Ltd (GMSI). Hanuma has co-managed NI 43-101 compliant feasibility study on Jonnagiri Gold Project along with a team of international and Indian experts. He is currently part of the senior management of GMSI playing a key role in the development of Jonnagiri gold mining project.

Hanuma has worked widely in Africa, SE Asia, South America and CIS countries as a part of due diligence team to advice various business houses in acquiring mineral projects in these countries. He has been instrumental in setting up gold and other mineral exploration and mining companies in Sudan, Ivory Coast, Togo, Zambia, Malawi and Kyrgyzstan.

He is a member of the Australian Institute of Mining and Metallurgy (AusImm). Hanuma has Doctorate in Geology and published number of papers in peer reviewed journals. He is a prolific speaker in national and International conferences.

Timur

Eraliev Timur Toktobaevich - General Director of "Avelum Partner" LLC

He exercises general management of "Avelum Partner" LLC. He ensures the fulfillment of production, financial-economic, and other indicators of the Company, as well as the goals and tasks set before the Company. He represents the Company in all state bodies, local self-government bodies of the Kyrgyz Republic, as well as in private, foreign legal organizations. He is responsible for the strategic management and development of the company. Currently, under the leadership of Eraliev TT, comprehensive development of the "Altyn-Tor" gold ore section of the "Solton-Sary" deposit is underway, including the reprocessing of man-made mineral formations (existing tailings and mine dumps), as well as the comprehensive development of the "Solton-Sary" deposit in accordance with the legislation of the Kyrgyz Republic (extraction and processing of ore; conducting geological exploration work; construction of a new gold recovery plant; modernization of technological equipment of the existing processing plant; improvement of working conditions for company employees; strengthening ties with the local population, local self-government bodies, social support for the local community, etc.). Eraliev TT has extensive experience in leadership positions within the law enforcement agencies of the Kyrgyz Republic. He has departmental and governmental awards of the Kyrgyz Republic.

Naushad

Naushad Ahmed, Director


 

Naushad has 20 years of experience in Corporate and Public Relations, Media Management and Business development. He has been working closely with Government Institutes and Private Companies both in India and abroad. He is well experienced in Due Diligence, Project Management and Liaisoning in Education and Mining Industries. He has worked extensively in India, Kyrgyzstan and UAE. His innovative Restructuring and Turnaround Services have been widely appreciated in Medical Education in CIS countries. He is well versed in international due-diligence, mergers & acquisition of mines, liaising with Govt. agencies and managing clearances, permissions and infrastructure development in India as well in many countries like UAE, Kyrgyzstan and UK. He has been instrumental in providing support to the new start-ups in the field of software, Media and Mass communication.

He holds a position of Director on the Board of Avelum Partners in Kyrgyzstan.
He has handled JV negotiations with Kyrgyz Altyn and finalizing commercial and operational plan for Altyn Tor mine. Naushad will be continuously associated with the Altyn Tor project and also will explore for other mining opportunities in CIS republics for DGML.


 

Elango

Mr. Pandarinathan Elango, Director

In his career spanning over 35 years in Upstream Oil & Gas Sector, Mr. Elango has held several leadership roles in different areas of the business and is a recognized leader in the Indian Oil and Gas industry. Mr. Elango holds a Master's degree in Business Administration and began his career with ONGC in 1985 and over a span of 10-years, has performed diverse roles prior to joining Cairn India in 1996. Mr. Elango served the Board of two listed entities as Whole time Director for more than 10 years. He was the CEO of Cairn India Ltd during 2012 to 2014 and Managing Director of Hindustan Oil Exploration Company Ltd (HOEC) during Feb 2015 to September 2023.
Under his leadership, HOEC's oil and gas production grew from 500 barrels of oil equivalent per day (boepd) in 2015 to 10,000 boepd in 2023. Prior to joining HOEC in 2015, he was the Chief Executive Officer & Whole Time Director of Cairn India Limited. He was associated with Cairn in various leadership roles for over 18 years and contributed to its growth as India's largest oil and gas producer in the private
sector. In 2014, Cairn was among the top 25 large caplisted entities in India.
Mr. Elango was one of the five finalists for Platt's first-ever Asia CEO of the Year award 2013.

 

Moldobekov Ulugbek Moldobekovich - Deputy General Director for Production of "Avelum Partner" LLC

He coordinates production and technical work, and leads activities to create production policy and strategy for production growth. He has a higher mining-technical education. He is an experienced specialist in the mining-technical sphere with 25 years of experience in various organizations in leadership positions in the mining, metallurgical, and hydropower industries of the Kyrgyz Republic. For a long time, he worked at the "Makmalzoloto" combine, holding positions such as mining foreman, head of the labor protection and safety service, head of the gold receiving office, and head of the production-technical department, and was elected chairman of the united trade union organization. Currently, Moldobekov UM manages and controls the quality execution of work on the construction and installation of technological equipment for the units of the Processing Plant at the "Solton-Sary" mine, and also implements the production-technical policy of "Avelum Partner" LLC, ensuring the development of the Company.

Usenbekov Ernis Dokturbaevich - Deputy General Director for Technical Issues and Public Relations of "Avelum Partner" LLC

He has a higher mining-technical education. His specialty is development engineer. He has been working for over 15 years in various leadership positions in the mining industry. He has extensive experience in managing all production and economic activities of a mine and ensuring compliance with safety, labor protection, and environmental standards. He holds certificates in professional training on "Labor Protection" and "Production of Blasting Operations in Open-Pit Mining". Currently, Usenbekov ED ensures the Company's control over labor protection, safety, and ecology, and also interacts with state authorities, local self-government bodies, the local community, and public organizations to achieve the Company's goals and objectives.

Nogoev Temirlan Amanturovich - Deputy General Director for Security of "Avelum Partner" LLC

He has higher education in "Organization Management" and "Jurisprudence". For over 5 years, he worked in various leadership positions in the law enforcement agencies of the Kyrgyz Republic. He has extensive experience in managing and organizing security services and facility protection, including in the mining industry. From 2021 to 2023, he held the positions of Head of the Security Department and Deputy Director for Security at OJSC "Kyrgyzaltyn". He holds certificates on the topics: "Security Service Employee" and "Technologies for Ensuring Anti-Terrorist Security in the Protection of Gold Ore Deposits". Currently, Nogoev TA manages and controls the provision of security and protection of the Company's facilities.

finance

Karypbekov Urmat Karypbekovich - Deputy General Director for Finance of "Avelum Partner" company

He has a higher education in "Jurisprudence". For over 20 years, he worked in the prosecutor's office system of the Kyrgyz Republic in various positions, from investigator to prosecutor of the Alai district of the Osh region. He has extensive experience in monitoring compliance with the legislation of the Kyrgyz Republic by enterprises and organizations in all sectors of the economy. He has departmental and governmental awards of the Kyrgyz Republic. Currently, Karypbekov UK ensures control over the financial efficiency and rational use of the Company's financial resources. He monitors and analyzes the current financial and economic activities of the Company's structural divisions in order to increase its efficiency.