Management & Directors

Board of Directors

VarDev directorsGroup directorsManagement
Nicolae Stanca

Nicolae Stanca

Chairman and General Manager

Mr. Stanca has been a leader in Romania’s mining industry for over 40 years. He has served as the Chair of the Board of Deva Gold S.A. (now VarDev S.A.) since 2000, advancing previous project designs through engagement and permitting while building relationships with key stakeholders. Mr. Stanca began his career as an underground mine engineer. He progressed throughout his career to serve as the General Manager of Minvest, the Romanian State mining company, where he led non-ferrous mining operations within Romania. Mr. Stanca holds a bachelor’s degree in mining engineering from the University of Petroşani.

Tim Aldersley

Tim Aldersley

Director and Group President

Mr. Aldersley has a highly successful track record in mining investment and project development. As a partner and the Senior Portfolio Manager at Red Kite’s mining fund, he was responsible for the project financing of critical, precious and base metal mines on a global basis. He also had responsibility for portfolio company management, arranging royalty and streaming deals, asset acquisitions, restructurings, recoveries and divestments. Mr. Aldersley started his career in metals trading, trade finance and logistics. Mr. Aldersley holds a master’s degree in physics from the University of Oxford, UK.

Alexandru Stanciu

Alex Stanciu

Director and General Counsel

Mr. Stanciu has over two decades of legal experience focusing on cross-border transactions, corporate governance, and mining. He was previously Managing Director, Romania for Lundin Mining where he was responsible for business administration and legal matters for assets across central and eastern Europe. He also has extensive legal expertise within Romania, serving as Partner at Leaua & Asociatii. Mr. Stanciu holds a degree in law from the University of Bucharest.

Stefan Parker

Stefan Parker

Director and Group Vice President

Mr. Parker is a leader in responsible mining and has implemented internationally-recognized environmental, social, and health & safety programs across projects and operations in Canada, Greece, Brazil and Türkiye. He has previously managed sustainability at Ero Copper and Eldorado Gold, where he led teams in building safe and responsible practices aligned with European standards in areas such as water stewardship and tailings management. Mr. Parker holds a Bachelor of Arts in Political Science (Honours, First Class) from the University of Calgary and a Master of Arts in Political Science from the University of British Columbia.

Alina-Petronela Brusturean

Alina-Petronela Brusturean

Director

Mrs. Brusturean is the board member representing Romania’s state-owned National Copper, Gold and Iron Company, Minvest, a shareholder in VarDev S.A.  Mrs. Brusturean is the Chief Accountant at Minvest and is an experienced professional in Romania’s mineral resources sector, including in preserving and promoting the history of mining development in Romania. Mrs. Brusturean holds a degree in accounting from the University of Babes-Bolyai.

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