Silvercorp Metals Announces CFO Transition and Key Finance Appointments

Silvercorp Metals Inc. (TSX: SVM) (NYSE American: SVM) has announced significant leadership transitions within its senior accounting and finance team, marking a strategic evolution in the company's financial leadership structure. Effective November 10, longtime Chief Financial Officer Derek Liu retired after nearly a decade in his role, though he will remain with the company in a consulting capacity during the transition period to ensure continuity and knowledge transfer.

The company has appointed Winnie Wang as interim CFO, effective immediately. Wang joined Silvercorp in 2024 and most recently served as CFO of its China operations, bringing over 15 years of corporate finance and accounting leadership experience to the position. Her professional background includes prior roles with PricewaterhouseCoopers and Asurion China, providing her with diverse international financial management expertise that aligns with Silvercorp's global mining operations.

Concurrently, Silvercorp named Lei Wu as corporate controller, responsible for overseeing financial reporting, planning, and treasury functions. Wu joins the company from New Gold Inc., where he served as finance controller at the Rainy River Mine. His professional credentials include CPA, CFA, and PMP designations, representing a strong combination of accounting, financial analysis, and project management qualifications that will enhance Silvercorp's financial oversight capabilities.

These strategic appointments underscore Silvercorp's commitment to maintaining strong financial governance while emphasizing internal talent development. The transition comes at a time when mining companies face increasing scrutiny regarding financial transparency and operational efficiency. The company's approach to succession planning, which includes retaining former executives in consulting roles during transitions, demonstrates a thoughtful methodology for preserving institutional knowledge while introducing fresh perspectives.

The leadership changes reflect Silvercorp's broader corporate strategy focused on creating shareholder value through multiple avenues, including generating free cash flow from long-life mines, pursuing organic growth through extensive drilling programs, engaging in strategic merger and acquisition activities, and maintaining a long-term commitment to responsible mining practices and environmental, social, and governance principles. Additional information about the company's operations and financial performance can be found in their newsroom at https://ibn.fm/SVM.

For investors and industry observers, these appointments signal Silvercorp's continued emphasis on financial discipline and operational excellence. The mining sector increasingly demands sophisticated financial management to navigate commodity price volatility, regulatory requirements, and capital allocation decisions. Wang's experience with Silvercorp's China operations and Wu's background in mine-level financial control provide the company with leadership that understands both corporate finance and operational realities.

The full details of these executive changes and their implications for Silvercorp's financial strategy are available in the complete press release at https://ibn.fm/KqF0q. These transitions occur within a mining industry that faces complex challenges, including fluctuating metal prices, environmental regulations, and the need for sustainable operations, making strong financial leadership increasingly critical for long-term success and shareholder value creation.