AngloGold Ashanti
(Ghana) Limited has appointed Mr. Eric Asubonteng as General Manager &
Managing Director of the Obuasi Mine.
Mr. Asubonteng has worked with AngloGold Ashanti since 2013.
He rose through the ranks by dint of hard work and strong commitment to duty to
reach his current position.
He takes over from Mark Morcombe, former Senior Vice President
and Managing Director of AGAG, who leaves the company after several years of
dedicated service to AGAG.
Until this appointment, Mr. Asubonteng was Head of Operations
and Corporate Affairs of the Company’s Obuasi Mine, and had full responsibility
for managing the company’s reputation as head of Corporate Affairs.
Mr. Asubonteng is a highly accomplished Finance Executive with
13 years’ experience in executive roles, both local and international, in both
surface mining and underground operations.
This has included financial
management roles in the resources sector incorporating responsibility for
financial and management accounting, financial management, supply chain, IT,
business operations and restructuring, as well as operational management and
corporate affairs.
Mr. Asubonteng is a chartered accountant. He holds a first
degree from the University of Ghana Business School, an MBA from the Manchester
Business School, and is currently pursuing a Mining Engineering
certificate.
Mr. David Noko, Executive
Vice President Sustainability of AngloGold Ashanti, said the company is pleased
to have Mr. Asubonteng preside over operations of the company’s Obuasi
Mine.
“We are convinced that given his very deep insights and
experience in the extractive industry and Finance, we have in Mr. Asubonteng
the right balance required to move the company to the next level,” he
said.
Mr. Noko expressed gratitude to Mr. Morcombe for bringing sterling
management and operational qualities to bear on operations of the company,
resulting in the mine’s current positive outlook.
Mr. Asubonteng expressed delight with the opportunity to serve
the company in another capacity, saying he will work with the rest of the team
at the Ghana and corporate level, as well as with stakeholders at the local and
national levels to realise the company’s vision.
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