DE BEERS group chief financial officer Nimesh Patel will leave the diamond company at the end of July to join Spirax-Sarco Engineering plc as the new CFO.
De Beers made that announcement yesterday, and said Patel joined De Beers Group in 2016 as the chief financial officer, joining both the executive committee and the board. Before that, he had worked for Anglo American from 2012 as group head of corporate finance.
Patel will leave De Beers Group on 26 July and an announcement on his successor will be made in due course.
The diamond company’s chief executive officer, Bruce Cleaver, said the CFO has worked closely with him and as part of De Beerss executive team to develop and implement the compelling growth and innovation strategy.
“He has built a strong finance team and led a transformation of our finance processes and systems, leaving the function well positioned for the future. Nimesh has also provided strong and steady leadership during the current period of global uncertainty and we wish him and his family every success in the future,” Cleaver said.
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