Olisa

Olisa described ENRC as "more Soviet than City", and the board as "progressively dysfunctional".

ENRC's Kazakh founder bids to become its chairman 2011

The majority of ENRC's independent directors—including City grandees Richard Sykes and Ken Olisa, the outgoing board members—voted in favor of the group's decision last August to invest in the Democratic Republic of Congo, which minority investors had opposed.

London Loses in ENRC Board Games Andrew Peaple 2011

Deputy chairman Sykes and fellow independent director Ken Olisa were removed from ENRC's board on Wednesday after the three founding shareholders, who hold about 43% of its stock, orchestrated their departure after an increasingly bitter disagreement over corporate governance.

Sir Richard Sykes: voted out, but not down 2011

In the case of ENRC, the combined 35% voting might of three Kazakh founders, backed by other Kazakh interests, secured the defenestration of two non-executives – Sir Richard Sykes and Ken Olisa – in June and the reinstatement as chief executive of Felix Vulis, who had stepped down only four months earlier.

In Britain's troubled boardrooms, it's too easy for a powerful minority to seize the controls 2011

In his parting letter, Olisa memorably condemned the episode as "more Soviet than City".

In Britain's troubled boardrooms, it's too easy for a powerful minority to seize the controls 2011

Detractors of Sykes and Olisa argue that if they had problems with ENRC's corporate governance they should have spoken out and not stood for re-election.

Sir Richard Sykes: voted out, but not down 2011

Detractors of Sykes and Olisa argue that if they had problems with ENRC's corporate governance they should have spoken out and not stood for re-election.

Sir Richard Sykes: voted out, but not down 2011

Memorably, one of the sacked directors, Ken Olisa, described the company as more "Soviet than City".

Is David Cameron's City a champion of corporate standards? 2011

Deputy chairman Sykes and fellow independent director Ken Olisa were removed from ENRC's board on Wednesday after the three founding shareholders, who hold about 43% of its stock, orchestrated their departure after an increasingly bitter disagreement over corporate governance.

Sir Richard Sykes: voted out, but not down 2011

The review was ordered after the removal from the board of former rector of Imperial College Sir Richard Sykes, and Ken Olisa, two British non-executives, following clashes with the oligarchs over strategy and the make up of the board.

ENRC's Kazakh founder bids to become its chairman 2011