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Maria Ramos has been appointed as the new president of AngloGold Ashanti.
Gallo Images / Sunday Times / Alon Skuy
Maria Ramos has been appointed the new president of AngloGold Ashanti, replacing Sipho Pityana with immediate effect.
Ramos, a member of the company, has been a director of the gold producer since May 2019 and served as chairman of the group’s remuneration and human resources committee.
She was CEO of Absa for 10 years and led the bank through the process of separation from Barclays, its former UK parent.
AngloGold noted that Ramos brings to the position “exceptional experience in leadership roles in both the public and private sectors.”
His appointment comes a few months after the group completed the sale of $ 300 million of its last remaining gold assets in South Africa to Harmony. The company operates mines in Ghana, Mali, the Democratic Republic of the Congo, Guinea and Tanzania and has a presence in Australia and South America.
While the miner did not provide a specific reason for Pityana’s resignation, he said in a statement Tuesday morning that he noted “the significant contribution made by Mr. Pityana to the company since his appointment to the board in 2007 and his appointment as president in 2014 “. , “including a 70% reduction in your debt.
In July, the group announced that its CEO, Kelvin Dushnisky, would be stepping down less than two years into his tenure. Christine Ramon has been serving as CEO in the interim.
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