Ivanhoe Mines Co-Chairs Robert Friedland and Yufeng “Miles” Sun have announced the company has promoted David van Heerden to the position of Chief Financial Officer, effective November 12, 2021.
Van Heerden’s appointment allows Marna Cloete to focus solely on her role as Ivanhoe’s President. Cloete has held the dual roles of President and CFO since her appointment as President in March 2020.
Van Heerden has been with Ivanhoe Mines since 2011, and has held progressively senior finance roles, most recently as Vice President, Finance, Treasury and Tax. Prior to joining Ivanhoe Mines, he was in the assurance division of Ernst & Young Inc. in Johannesburg, South Africa, with a focus on mining and construction clients. Van Heerden is a registered Chartered Accountant.
“We are pleased to welcome David to the senior executive management team,” said Friedland.
“David brings tremendous experience and proven judgment, and will be a valuable contributor as we continue our progression into a preeminent, diversified mining company with industry-leading environmental, social and governance credentials.”
Marna Cloete commented:
“I am thrilled with the promotion of David to Chief Financial Officer. He is an exceptional accountant, as well as a long-time trusted advisor. David’s new title reflects his unique contributions to the company and his indelible impact on Ivanhoe’s success. He has been assisting me with many of the CFO duties over the past several years, so we expect a seamless transition.
“This is an extremely busy and exciting period of growth for Ivanhoe Mines. David’s full-time assumption of the CFO duties will allow me to focus more of my time on ensuring the successful execution of our plans to bring the Platreef and Kipushi projects into commercial production.”