Johannesburg, South Africa — 18 March 2013 – Gold Fields senior official Kgabo Moabelo “’ previously the group’s executive vice-president for people and organisational effectiveness “’ has been appointed the company’s new managing executive in South Africa.
Fin24 reports that his appointment is with effect from the 1st of March.
Gold Fields chief executive officer Nick Holland said: “Following the unbundling of Sibanye Gold from Gold Fields it had become necessary to review the managing structure for the South Africa region and the South Deep mine.” Gold Fields had split its KDC and Beatrix mines in South Africa into the separately listed company, Sibanye Gold.
“Kgabo will have full responsibility for South Deep’s business and operational performance in addition to dealing with the many outside stakeholders that fall within the ambit of the company’s South African operations,” said Holland.
South Deep was a crucial pillar in the growth of Gold Fields, accounting for a significant portion of the company’s mineral reserves and future production profile. The mine was expected to achieve its full production rate of 700,000 ounces a year by 2016.
Moabelo joined Gold Fields in 2010 from Cisco Systems and had held leadership roles not only in mining, but also in energy, financial services, and information technology.
“His position as head of HR will be taken by Lee-Ann Samuel, who will become Gold Fields’ senior vice-president, Human Resources,” a company statement released here said. She previously headed the company’s remuneration and employee benefits portfolio.
“Ms Samuel, who joined Gold Fields in 2009, has held a number of managerial positions at large private sector companies and has consulted widely to local and provincial government departments,” the statement added.
Source: Fin24. For more information, click here.