UPDATE 2.30pm: Former long-serving Leighton Holdings boss Wal King has been appointed to the board of Sundance Resources as non-executive deputy chairman.
Mr King joined Leighton in 1968, was appointed chief executive in 1987 and retired from the role in 2011.
During his 23 years at the helm, he grew the company's revenue from $1 billion to $20 billion and turned it into an international construction and contracting giant.
Sundance chairman George Jones said Mr King would be an invaluable addition to the board as the company moved towards the construction phase of its Mbalam-Nabeba iron ore project which straddles the border of Cameroon and the Democratic Republic of Congo.
"Wal is arguably the most qualified businessman in Australia for this role," he said.
"He has virtually unparalleled skills and experience in all the key areas required by Sundance, such as planning and building major international infrastructure projects, commercial acumen and an extensive global network in the building and construction industry."
Mr King is also a non-executive director of Coca-Cola Amatil and non-executive deputy chairman of Ausdrill.
Shares in Sundance closed up 0.8 cents, or 9.52 per cent, at 9.2 cents.