(RTTNews) – Great Panther Silver Ltd. (GPR.TO: News ) Tuesday said it appointed Martin Carsky to the newly created position of Executive Vice President and Chief Financial Officer, effective June 1, 2011. As a result, Carsky is stepping aside as an independent director.

Carsky is currently the Chief Executive Officer of Con-Space Communications Ltd. a member of the Savox Group of Companies, a position he would be leaving to take on this new role. In the past, he has been the Chief Executive Officer or Chief Financial Officer of several Vancouver-based public and private businesses.