Ivanhoe appoints CFO; Cloete to focus only on the role of president
Canadian mining company Ivanhoe Mines has promoted David van Heerden to CFO, effective November 12.
This will allow Marna Cloete to focus on the role of president, instead of the dual roles of president and CFO, which she has held since her appointment in March 2020.
Van Heerden, a registered chartered accountant, has been with Ivanhoe since 2011 and has held progressively senior finance roles, most recently as VP of finance, treasury and tax.
Prior to joining Ivanhoe, he was employed in the assurance division of Ernst & Young, in Johannesburg, South Africa, with a focus on mining and construction clients.
"We are pleased to welcome David to the senior executive management team. He 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," says Ivanhoe co-chairperson Robert Friedland.
"I am thrilled with the promotion of David to CFO. He is an exceptional accountant, as well as a long-time trusted adviser.
"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," says Cloete.
"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," she adds.
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