London, England — MININGREVIEW.COM — 01 October 2010 – De Beers Group chairman Nicky Oppenheimer has announced that Barend Petersen has been appointed executive chairman of the company’s South African mining operation, De Beers Consolidated Mines (DBCM).
Petersen will take over from Oppenheimer, who served as chairman for 12 years, although Oppenheimer will continue to sit on the Board of DBCM and serve as chairman of the wider De Beers Group.
As executive chairman of DBCM, Petersen assumes the company’s most senior role and will represent the De Beers Family of Companies in South Africa. He will focus on the strategic positioning and growth of DBCM and will continue building on the De Beers Family of Companies’ already positive relationships with its shareholders, the government of South Africa, and other stakeholders.
Petersen “’ a director of DBCM since 2002 “’ is a chartered accountant with broad global business experience, and is a director of several companies, including being a non-executive director of Anglo American South Africa, De Beers Société Anonyme in Luxembourg and a director and shareholder of Ponahalo Holdings, the South African broad based black empowerment company that holds a 26% equity interest in DBCM.
Prior to this appointment, Petersen had been serving as the acting-CEO of DBCM. De Beers therefore announces that Philip Barton, the DBCM finance director, will become CEO of DBCM.