Global mining company Anglo American Plc said it appointed Bruce Cleaver as chief executive of its diamond mining unit De Beers Group, after previous CEO Philippe Mellier decided to step down.
Company appoints Bruce Cleaver CEO of De Beers
Cleaver, previously group director of strategy and business development, will take over the role on July 1, the company said.
The logo of diamond merchant De Beers is seen on the front of their boutique on Rodeo Drive, home to boutiques of major designers in Beverly Hills, California in a file.
De Beers, the world's largest diamond producer by value, will remain part of Anglo American's operations even after a radical restructuring of the latter, in the belief that surging Chinese and Indian demand for diamonds will outstrip dwindling supply.
Cleaver, 51, was first appointed to De Beers' board in 2008 and served as its co-acting CEO in 2010 prior to Mellier's appointment.
Anglo American has an 85 percent stake in De Beers.
JOIN OUR PULSE COMMUNITY!
ADVERTISEMENT
Eyewitness? Submit your stories now via social or:
Email: eyewitness@pulse.ng
Recommended articles
Peter Obi sent a former Vice President’s son to beg me - Reno Omokri
Nigeria is first African country to acquire this device
Negative media reports will chase investors from Nigeria — Tinubu's minister
Emefiele's trial adjourned to May 9 to study additional proof of evidence
Access to electricity is an important human right — World Bank
World Press Freedom Day: FG vows unwavering support for press freedom
Naira vs Dollar: 'Nigerians spending power has increased' - Ajuri Ngelale
Regular hand washing will curb rampant tropical diseases - Health Ministry
Plateau Taskforce plans IDP's return to farms, tackle looming hunger
ADVERTISEMENT