[miningmx.com] – ANGLOGOLD Ashanti said it had appointed Tony O’Neill to its board in line with his appointment as joint interim CEO of the company, effective from April 1. O’Neill’s board appointment is effective February 20, the group said.
O’Neill’s appointments to the board, and as joint interim CEO, follow the resignation of Mark Cutifani, AngloGold Ashanti CEO, who is to join Anglo American, the UK-listed diversified miner.
O’Neill will be responsibe for all operations, projects and technical functions, while the other joint interim CEO, Shrinivasan Venkatakrishnan, AngloGold’s CFO, will remain responsible for the company’s finances.
Cutifani said at AngloGold’s fourth quarter financial results, and year-end figures, that the search for his permanent replacement was well underway and the company was contemplating internal and external candidates.
The drive to find a new CEO is being led by Tito Mboweni, South Africa’s former central banker and now chairman of AngloGold.
“His vast experience in the mining industry and his extensive and detailed knowledge of our business will contribute to maintaining the stability and momentum of the company whilst the board searches for a new CEO,’ Mboweni said in a statement.
