De Beers Shuffles Its Executive Committee

Rough Market
06/12/2017 10:55

De Beers Group today announced three changes to its Executive Committee. Neil Ventura, currently Executive Vice-President, Auction Sales, will become Executive Vice-President, Strategy and Innovation. Paul Rowley, currently Executive Vice-President, Global Sightholder Sales, will become Executive Vice-President, Diamond Trading. Alessandra Berridge, currently Lead Legal Counsel for M&A at Anglo American, will become Executive Vice-President, Commercial and Partnerships.

The Group defined the new roles as follows: Neil Ventura, "will leverage De Beers’ leading market insight and technologies to rapidly shepherd new ideas from concept to implementation"; Paul Rowley's "expanded role will see him lead a newly consolidated diamond trading function encompassing Sightholder Sales and Auction Sales"; and Alessandra Berridge, " will lead a new function focused on managing De Beers’ commercial ventures and partnerships, including the organisation’s joint ventures with the governments of Botswana and Namibia."

Bruce Cleaver, CEO, De Beers Group, said: “Our sustained success as a business will require us to maximise the performance of our core activities, while seeking new opportunities and ensuring our partnerships deliver long-term, mutual success. With these changes to our Executive Committee, we continue to shape a successful future for De Beers and its partners. Each of the three appointments will be effective from 1 February 2018.