Even before the departure of its outgoing Chief Executive Officer (CEO), AngloGold Ashanti has found a new boss to succeed Srinivasan Venkatakrishnan who has been at the top job for the last 5 years.
He is to be replaced by Kelvin Dushnisky who is President and Executive Director of Barrick Gold Corporation, after an extremely competitive global search.
In a statement to stakeholders, the international gold mining company announced the appointment of Kelvin Dushnisky as CEO and an executive director, effective 1 September 2018.
Venkatakrishnan (Venkat), departs at the end of August 2018 for a role at London-based Vedanta Resources, the largest global diversified metals and mining company, headquartered in London
This means that Venkat, who had been with AngloGold Ashanti for 18 years, ceases to be executive director of the mining firm and part of the board effective August 31, 2018.
Mr. Dushnisky, who is the President and Executive Director of Barrick Gold Corporation, according to AngloGold will relocate to Johannesburg, home of AngloGold Ashanti.
He was appointed as the boss of Barrick in 2015 with direct responsibility for Barrick’s overall business and the execution of its operating plans and strategic priorities which included oversight of Barrick’s activities across Australia, Africa, the Middle East, North America and Southern America.
Again Mr. Dushnisky, also held responsibility for Barrick’s relationships with host governments, local communities and other external stakeholders but before his appointment as the President of the company, he held a range of progressively senior positions at Barrick, a company he joined in 2002, the statement said.
The new boss of AngloGold Ashanti, holds a B.Sc. (Hon.) degree from the University of Manitoba and M.Sc. and J.D. degrees from the University of British Columbia.
He is a member of the Law Society of British Columbia, the Canadian Bar Association, the Business Council of Canada, and the Institute of the Americas, the Canadian Council for the Americas (Vice-Chair) and the Canadian Chamber of Commerce
myjoyonline.com