Fin24 reports that Anglo American Platinum (Amplats) finance director Craig Miller has been appointed CEO of the producer, replacing Natascha Viljoen.
Miller will take over the helm of the world's largest platinum producer on 1 October. Viljoen, who has served as Amplats CEO since April 2020, resigned earlier in the year to join US miner Newmont as its chief operating officer. She is currently serving a lengthy notice period. Miller has been finance director since 2019. He began his career as a trainee accountant at Deloitte in Johannesburg and joined Anglo American in London as a finance manager in May 2000. He eventually worked as group financial controller, was chief financial officer of the iron ore business in Brazil and the coal business in SA, and was head of the group CEO’s office. Miller said he was looking forward to building on Amplat's strategic plans. Meanwhile on Tuesday, Amplats reported a whopping 71% dive in earnings in the first half of the year. Viljoen commented that the factors driving the commodity cycle currently were somewhat unusual. These ranged from the Covid-19 pandemic and the resultant economic and supply chain impacts, the Russian war on Ukraine and its impact on energy markets, and the global energy transition.
- Read the full original of the report in the above regard compiled by Ahmed Areff at Fin24
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