Silvercorp Metals Inc. announced that its founder and Chairman, Dr. Rui Feng, is being re-appointed to the Chief Executive Officer position. The Board of Directors announced Dr. Feng's return to the Chief Executive Officer position, a role he held from September 2003 until October 2013. With Dr. Feng returning to the CEO position, Myles Gao, will assume the position of President, Corporate Development, with a focus on identifying acquisitions and new business opportunities brought about by the current resource sector downturn.

The company is further strengthening its management team with the recruitment of Derek Liu, who will assume the role of interim Chief Financial Officer effective February 2015. Derek Liu is a professional accountant with over 15 years of diverse international experience in financial reporting, auditing, and accounting. He has held senior accounting positions, such as corporate controller and chief financial officer, at a number of public Canadian mining companies for the past several years including the role of financial controller of Silvercorp from 2006 to 2010.