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Nomad Royalty appoints experienced banking executive, Susan Kudzman to its board of directors

Kudzman, a specialist in risk management and an actuary, has recently retired as executive vice-president, chief risk officer and corporate affairs at Laurentian Bank of Canada

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She previously held the position of executive vice-president and chief risk officer at Caisse de dépôt et placement du Québec

Nomad Royalty Company Ltd. (TSX:NSR) (OTCQX NSRXF) announced that it has appointed experienced banking executive, Susan Kudzman to its board of directors.

Kudzman, a specialist in risk management and an actuary, has recently retired as executive vice-president, chief risk officer and corporate affairs at Laurentian Bank of Canada.

She previously held the position of executive vice-president and chief risk officer at Caisse de dépôt et placement du Québec.

READ: Nomad Royalty Company outlines its new dividend policy and declares first quarterly payment of C$0.005 per share

Kudzman is chair of the board of directors of Yellow Pages Limited, a leading digital company in Canada. She is also a board member of Medavie, Transat A.T. Inc and Financeit.

She is involved in many community and philanthropic activities, currently serving as vice-chair of the board of directors of the Montreal Heart Institute Foundation and is a member of the Board of Directors of the Festival du Nouveau Cinéma (FNC).

In a statement, Vincent Metcalfe, chief executive officer of Nomad, commented: "We are delighted to welcome Susan to our Board. Her experience and expertise will be highly complementary to our Board and extremely valuable to Nomad.”

Nomad is a gold & silver royalty company that purchases rights to a percentage of the gold or silver produced from a mine, for the life of the mine.

It owns a portfolio of 11 royalty, stream, and gold loan assets, of which 5 are on currently producing mines. The company plans to grow and diversify its low-cost production profile through the acquisition of additional producing and near-term producing gold & silver streams and royalties.

Contact the author at jon.hopkins@proactiveinvestors.com

Quick facts: Nomad Royalty

Price: 1.09 CAD

TSX:NSR
Market: TSX
Market Cap: $615.33 m
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