Anglo American's Los Bronces mine
Photo by: Reuters
Diversified miner Anglo American has appointed Matt Walker as CEO of its marketing business, following Peter Whitcutt’s decision to step down after 33 years with Anglo American.
Walker, who is currently head of corporate finance at Anglo, will take up his new role and join Anglo’s executive leadership team, with effect from December 1.
He joined Anglo’s finance team in 2007 and has held a number of senior finance and other roles across the group, including as CFO of the copper business in Chile.
"I am delighted that Matt will be joining our executive leadership team as CEO of our marketing business – an increasingly important value driver for Anglo American as our primary interface with our major industrial customers.
“Matt’s financial and commercial experience gained across both corporate and business roles stands him in excellent stead to continue to develop our marketing platform to match our wider strategic ambitions," comments Anglo CEO Duncan Wanblad.
He also thanked Whitcutt for his contribution to the group.
“Peter has applied his incisive capabilities to many of Anglo American’s defining transactions and other developments over that time, including building our marketing business over the last ten years to deliver a valuable range of materials solutions for our customers.
“On a personal note, and having joined the group together in 1990, I know we all wish Peter the very best in his next endeavours," he adds.
Walker, meanwhile, says there is considerable opportunity to build out Anglo’s end-to-end commercial offering for customers, ensuring they experience a reliable supply of responsibly sourced, premium-quality metals and minerals that meet their own standards, as well as those of their end consumers.