Gold miner AngloGold Ashanti (AU, AGD.L), effective immediately, has appointed Srinivasan Venkatakrishnan as its chief executive officer.
Venkat, who has been with AngloGold Ashanti for 9 years, was the Chief Financial Officer at Ashanti Goldfields until that company's merger with AngloGold Ltd. in May 2004, creating what is now AngloGold Ashanti. Shortly after the merger he became Chief Financial Officer of the combined entity and joined the board in 2005. Earlier, Venkat had also been a Director of Corporate Reorganisation Services at Deloitte & Touche in London.
More recently, following the departure of the former CEO at the beginning of April 2013, Venkat has been the company's joint interim chief executive, alongside Tony O'Neill. O'Neill would remain an executive director on the board and revert to his role as Executive Vice President: Business and Technical Development. Also, Venkat would remain CFO of AngloGold Ashanti until further notice, while a global search for a new finance chief has been initiated.
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