Gem Diamonds Limited has appointed Michael Lynch-Bell as an independent non-Executive Director with effect from 16 December 2015. Mr. Lynch-Bell spent a 38 year career with Ernst & Young having led its Global Oil & Gas, UK IPO, and Global Oil & Gas and Mining transaction advisory practices. He was a member of the assurance practice from 1974 to 1996 when he transferred to the Transaction Advisory Practice.

He was also UK Alumni sponsor and a member of the firm's EMEIA and Global Advisory Councils. He retired from EY as a partner in 2012 and continued as a consultant to the firm until November 2013. Mr. Lynch-Bell is currently Senior Independent non-Executive Director and Audit Committee Chair at Kaz Minerals plc; Independent non-Executive Director, Remuneration Committee member and Audit Committee Chair at Lenta Limited; and Independent non-Executive Director, Compensation Committee Chair and Audit Committee Chair at Transocean Partners LLC.

Mr. Lynch-Bell is also currently honorary treasurer, board member, audit and risk committee member and finance and funding committee chair for ActionAid International, a Human Rights campaigning NGO.