28 May 2016 10:50am
WINDHOEK, 28 MAY (NAMPA) The De Beers Group has appointed Bruce Cleaver as Chief Executive Officer as from 01 July 2016.
Cleaver will replace Philippe Mellier who is stepping down, the company announced in a statement issued here on Friday.
Cleaver served as De Beers executive director responsible for strategy and commercial relationships, and co-acting CEO for a year prior to Mellier's appointment in 2011.
He was appointed group director of strategy and business development for Anglo American in 2015.
In the statement, Chief Executive of Anglo American and Chairman of De Beers Mark Cutifani congratulated Cleaver on his appointment by commending his leadership of the group's strategy and its commercial and government relationships alongside Mellier.
Cleaver worked with us to shape the new Anglo American strategy and provide strong continuity at an important stage in the diamond market's recovery, said Cutifani.
He said the structural dynamics of the diamond market continue to improve, led by the strength of customer demand for diamond jewellery.
I am honoured to be asked to lead one of the world's great companies. Diamonds are as relevant to today's consumers, all over the world, as they were to their parents and their parents before them, said Cleaver.
He noted that diamonds have made positive contributions to a host of countries that have used their revenues wisely, to communities and to all who have been touched by their mystique and the practical benefits of responsible mining and ethical sourcing.
As the world continues to evolve ever more rapidly, it is our task to ensure that we remain as relevant as we are today and to grow our position in the luxury world, he said.
De Beers holds 50 per cent of the shares in Namdeb Holdings, a joint venture with the Namibian Government.