Anglo American chief executive officer (CEO) Mark Cutifani has been named chair of the De Beers Group.
He succeeds Cynthia Carroll, who resigned from both companies late last year. Cutifani’s appointment takes effect immediately.
“De Beers is delighted to gain a chair with Mark’s operational experience and track record for leading large organizations,” said Philippe Mellier, CEO of De Beers Group.
“Mark is clearly a highly respected leader and the employees of De Beers join with me in welcoming him into a great company. I look forward to working with Mark, as we find new ways to enhance De Beers’ leadership position across the diamond pipeline and create value for our shareholders, partners, customers, and consumers.”
Cutifani praised the company’s longstanding history in the industry.
“The company’s 125-year heritage, experienced management team, and unparalleled understanding of the unique nature of the diamond market make it the world’s leading diamond company,” he said.
“From De Beers’ production and projects portfolio, to its iconic brand and proven ability to open new markets, the company is poised to capture the considerable opportunities in front of us as diamond demand outpaces supply for years to come. I look forward to working with the board and continuing its support of the De Beers leadership team, headed by Philippe Mellier.”
