GCT Advisory Board


The advisory board is a select group of “independent” people who provide advice and support to the owners/shareholders of GCT. They provide nonbinding strategic advice and is informal in nature. This gives greater flexibility when compared to a formal board of directors which have legally defined responsibilities. Advisory boards are not regulated under corporate governance codes. Advisory boards advise only.

The advisory board will enable the owners and/or managers of GCT to have access to an independent view and/or a “safe” place to discuss issues of major significance. The role of the advisory board will evolve over time.


  • Provide an independent source of information and advice to the owners on strategic issues or risks confronting the business
  • Create a “learning and challenge forum”
Roles and responsibilities for advisory board members include:
  • Develop an understanding of the business, market and industry trends
  • Provide “wise counsel” on issues raised by the owners/directors or management
  • Provide the directors and management with insights and ideas which can only come with distance from the day-to-day operations
  • Encourage and support the exploration of new business ideas
  • Act as a resource for executives
  • Encourage the development of a governance framework that enables continued growth
  • Monitor business performance and challenge the directors and management to consider options for improving the business

Note: The advisory board is not a decision-making forum

Key values of Advisory Board members:
  • Independent thought
  • Values’ alignment and cultural fit
  • Wisdom and courage

Advisor Profiles:


Mark Southey

Former Group Managing Director – Minerals, Metals and Chemicals Sector
WorleyParsons Group, Sydney, Australia


Joseph Yong

Former Group Executive Vice President
NatSteel Holdings Private Limited, Singapore


Ricardo Escobar

Former CIO – Iron Ore and Petroleum Divisions

Former President
BHP-Billiton Colombia (Cerro Matoso)