Carroll takes up De Beers chair

[miningmx.com] – EIGHT weeks after concluding the takeover of De
Beers, Anglo American CEO Cynthia Carroll has taken the chairpersonship of the
company normally occupied by a member of the Oppenheimer family.

Anglo completed the purchase of the Oppenheimer family’s 40% stake in the diamond
business on August 14, taking its stake to 85%. The balance of the shares are owned
by Debswana, the Botswana-controlled investment company.

“I look forward to leading the Board and continuing to support the management of the
world’s leading diamond company,’ Carroll was quoted in a statement.

She said the history between Anglo American and De Beers had given her an
appreciation for the diamond business. “I am honoured to accept the role of chairman
of this great company.’

Two other members of Anglo American’s group management committee were
appointed to the Board, reported newswire Sapa.

De Beers CEO Philippe Mellier said that the group was fortunate to have Brian
Beamish and Peter Whitcutt joining Carrol on the Board.

“Personally, I look forward to their continued counsel and leadership as we find new
ways to enhance De Beers’ leadership position across the diamond pipeline,’ said
Mellier.
The three appointments would take effect immediately.