Board of Directors

Martin Eales, Chief Executive Officer

After qualifying as a Chartered Accountant in 1997 Martin embarked on a 15-year career in corporate finance, corporate broking and equity capital markets in the City, rising to the position of Managing Director at RBC Capital Markets in London. With long experience of natural resources companies and transactions Martin joined the Pella Resources Group as Business Development Director in early 2014 and was appointed Managing Director of the Company later that year.

Adonis Pouroulis, Non-Executive Chairman

Adonis is an entrepreneur whose expertise lies in the discovery, exploration and development of natural resources across Africa. Having worked in the sector for over 25 years he has extensive experience and a wide network of industry relationships across the continent. Adonis is founder and chairman of Petra Diamonds (LSE: PDL), founder and director of Chariot Oil & Gas (AIM: CHAR) and founder and chairman of the Pella Resources Group. Adonis holds a Bachelor of Science Degree (Honours).

Shawn McCormick, Non-Executive Director

Shawn is an International Affairs specialist with more than 20 years’ political and extractive industries sector experience having served in The White House as Director for African Affairs on the National Security Council (Washington), Political Affairs Director of BP (London) and Vice President of TNK-BP (Moscow). He is currently Managing Director of Connaught Strategies Ltd and an adviser to the Pella Resources Group.


Robert Sinclair, Non-Executive Director

Robert is Managing Director of the Guernsey based Artemis Trustees Limited, and a director of a number of investment fund management companies and investment funds associated with Artemis Trustees Limited.  He has over 48 years’ experience in finance and accountancy of which 38 years have been spent in the Guernsey financial services industry. Robert is a director of several companies which are quoted on the London Stock Exchange. In the natural resources sector, he is a director and Chairman of the Audit Committee of both Chariot Oil & Gas Limited and EF Realisation Company Limited. In the property sector, he is a director and Chairman of the Audit Committee of Picton Property Income Limited. Robert is also Chairman of Schroder Oriental Income Fund Limited. He a fellow of the Institute of Chartered Accountants in England & Wales and a Member of the Institute of Chartered Accountants of Scotland and the Society of Trust and Estate Practitioners. Robert is a resident of Guernsey.

Alexander Lowrie, Non-Executive Director

Alex is the co-founder of Telemark Capital LLP, a partnership focusing on capital advisory and asset management. Through its consulting subsidiary, Gunnerside Advisors, Alex is also involved in providing governance services as an independent investment committee member to a variety of advisory panels.  Prior to this Alex worked for 13 years in investment banking. He was a director at Deutsche Bank and then RBS from 2004 to 2012, having started his banking career in 1998 at ABN AMRO. Through these positions, he has gained extensive market experience in primary and secondary equity offerings including bringing companies to market through IPOs (including structuring, marketing and distribution). Alex graduated from Durham University with a BA (hons) in Combined Social Sciences, and he is also in the process of completing an executive MBA from Henley Business School.

Atul Bali, Non-Executive Director

Is a corporate CEO with extensive experience in tech, government contracting and regulated industries operating on all six continents. Over more than 20 years he has led more than 50 M&A and JV transactions in more than 25 countries and both managed and served on the boards of several highly regulated businesses. Currently he serves as Non-executive Director of Gaming Realms Plc, a mobile games publisher, and as Chairman of Meridian Gaming, regulated and operating in more than 30 countries, with a large footprint in Africa, Central and South America and Central and Eastern Europe. He has previously held divisional CEO or President positions with IGT (NYSE), Aristocrat (ASX), and Real Networks (NASDAQ), as well as a venture capital firm. He previously trained as a Chartered Accountant with KPMG in the UK.


Gilbert Midende, General Manager

Gilbert Midende has a doctorate in Geological Science, which he obtained in 1984 at the Université Libre de Bruxelles, Belgium. He was appointed Burundi Director General of Geology and Mines in 1987 and was Minister of Mines between 1988 and 1993. He has been a consultant to the World Bank since 2007. From 1996 to 2001, he was Principal of the University of Burundi and Minister of Higher Education and is currently Professor in Economic Geology at the University of Burundi. Gilbert is responsible for all of the Group’s administration and Government relations in Burundi.

Peter Connery, Project Manager

Peter has nearly twenty years’ experience of mine management on the African continent and has significant experience in leading and implementing the development of safe and reliable facilities in some of the most challenging commercial environments in the world. He has successfully held senior executive positions within competitive and diverse multinational organisations operating across Africa and has held management positions with Anglo American and BHP Billiton. Prior to his career in mining, Peter had a distinguished career in the British and French military.

Cesare Morelli, Technical Director

Cesare Morelli has over 29 years’ experience in minerals exploration in Africa including 18 years in diamond exploration with De Beers managing projects in south, west and central Africa. Following his time with De Beers, he spent four years with BHP Billiton as Minerals Exploration Manager for Africa. At BHP Billiton he directed exploration projects in a variety of commodities, namely iron ore, aluminium bauxite, manganese, copper and base metals, nickel and potash. Cesare has been affiliated with Rainbow since its inception and has been responsible for project managing all of Rainbow’s exploration work to date. He is a Director of Benzu Minerals (Pty) Ltd, a consulting company based in South Africa. Cesare is a member of the South African Geological Society and the South African Council for Natural Scientific Professions.

Jim Wynn, CFO

Jim is a Chartered Accountant and was previously employed by Anglo American plc where he held a number of roles within the finance, business development, and strategy departments of Anglo Industrial Minerals. Jim’s most recent role was as Finance Director of Avocet Mining Plc where he developed extensive experience in francophone Africa as well as the London public company market.