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AngloGold Ashanti (ASX:AGG) appoints new CEO

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ASX:AGG
07 July 2021 03:00 (AEST)

AngloGold Ashanti (AGG) has appointed Alberto Calderon as its new Chief Executive Officer, effective from September 1.

Christine Ramon will remain as interim CEO, before resuming her role as AngloGold Ashanti’s Chief Financial Officer.

Christine has been in the interim position since Kelvin Dushnisky resigned as CEO in July 2020.

Now, Alberto will take the CEO seat, bringing more than two decades of executive leadership experience in the global mining sector.

Most recently, he was CEO of Orica, the world’s largest provider of commercial explosives, before stepping down in February 2021, a year later than planned as
he agreed to lead the company through the initial part of the COVID-19 pandemic.

The new CEO holds a Bachelor, Master and PhD in Economics, a Master of Philosophy in Economics, as well as a Juris Doctor in Law.

Chairman of AngloGold Ashanti, Maria Ramos said the company believes Alberto is the right person to lead the company forward and realise its potential, drawing on his leadership experience in the resources sector across a variety of geographies.

Further, Maria thanked Christine for her “tireless commitment” through a particularly tumultuous period globally.

“Her leadership was critical in coordinating an effective response to the pandemic, keeping the company focused on our strategy and maintaining a strong financial position.”

Shares were trading 2.36 per cent higher at $5.21 at 3:59pm AEST.

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