AngloGold Ashanti Announced Early Retirement of CFO Christine Ramon

Ms. Ramon played a key role in improving the company’s balance sheet.

SEATTLE (Scrap Monster): South Africa-headquartered global gold mining company AngloGold Ashanti announced that its Chief Financial Officer Christine Ramon will take early retirement from her current role at the end of June this year. She has served the company for more than seven years now.

AngloGold Ashanti had appointed Ms. Ramon as the CFO and Executive Director in October 2014. She held the position of interim Chief Executive Officer for a short period from 1^st September, 2020 to 31^st August, 2021. During her tenure with the company, she also served as a director of the World Gold Council (WGC) and the International Council on Mining and Metals (ICMM).

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Ms. Ramon played a key role in improving the company’s balance sheet. Her tenure was marked by sharp debt reduction, improved liquidity and careful allocation of capital. She served as the interim CEO during the worst of the Covid-19 pandemic, especially at a personally difficult time, following tragic loss of her husband due to Covid-19.

The AngloGold Ashanti team and the Board expressed deep gratitude to Christine for her significant contribution and wished her happiness and peaceful time with family.

Also, the company said that the process to find suitable replacement for Ms. Ramon will commence soon, so as to ensure a smooth transition.

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