Categories: BusinessLatest

AngloGold Ashanti Appoints Ramos as New Chairwoman

AngloGold Ashanti Ltd. has appointed Maria Ramos as chairwoman to replace Sipho Pityana, who resigned almost three months after Chief Executive Officer Kelvin Dushnisky quit.

Ramos, 61, is former CEO of South African bank Absa Group Ltd. and previously served as director-general of the nation’s Treasury. She’s been a director at the world’s third-biggest gold producer since May 2019.

“Ramos brings to the role exceptional experience in leadership roles across both the private and public sectors,” AngloGold said in a statement. Ramos and the board are fully behind AngloGold’s strategic direction “and are supportive of the executive management team, led by Christine Ramon, which is delivering on this long-term business strategy,” it said.

Pityana has been a member of the board since 2007 and became chairman in 2014. During his tenure, AngloGold pared down debt and redeveloped the Obuasi mine in Ghana. It also sold South African mines to focus on more lucrative assets in the rest of Africa, Australia and the Americas.

Ramon became interim CEO in September, after Dushinsky quit two years into the job to be closer to his family in Toronto.

Bloomberg

Follow us on:

AriseNews

Recent Posts

German Consulate Hosts Unity Day In Lagos as Diplomatic Ties Bloom

The 34th anniversary of German Unity celebrated in Lagos, was hosted by Consul General Weert…

4 hours ago

Matt Gaetz To Exit Congress Following Withdrawal As DOJ Nominee Amid Controversy

Matt Gaetz has said he will not return to Congress after withdrawing as Trump’s DOJ…

6 hours ago

Tinubu Seeks Senate Approval For Oluyede As Chief Of Army Staff

President Tinubu has sought Senate confirmation of Olufemi Oluyede as Chief of Army Staff, citing…

7 hours ago

Netanyahu Risks Arrest in UK as ICC Issues Warrant Against Him For War Crimes

Israeli PM Netanyahu faces potential arrest in the UK as Downing Street pledges to fulfill…

9 hours ago

Second Australian Teen Dies from Suspected Methanol Poisoning in Laos

A second Australian teenager has died of suspected methanol poisoning in Laos, bringing to six…

9 hours ago

Simon Ekpa Arrested, Denies Being IPOB Leader + Atiku Says Tinubu’s Loans Are Bone-Crushing – Trending With Ojy Okpe

https://www.youtube.com/watch?v=mFlFl1mPGC8 The arrest of self-proclaimed Prime minister of the Biafra Republic, Simon Ekpa who was…

10 hours ago