De Beers CFO set to depart this summer

May 4, 2020

Nimesh Patel, chief financial officer of De Beers Group, will leave the company this July.[1]
Nimesh Patel, chief financial officer of De Beers Group, will leave the company this July.

De Beers Group has announced a change to its executive team.

Nimesh Patel, the company’s chief financial officer, will leave the business in July, taking on the role of CFO and executive director of Spirax-Sarco Engineering.

Patel, who joined Anglo American in 2012 as group head of corporate finance, was appointed CFO of De Beers in 2016, joining both the executive committee and board.

“Nimesh has worked closely with me and as part of our executive team to develop and implement our compelling growth and innovation strategy,” says De Beers CEO, Bruce Cleaver. “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.”

The company will announce Patel’s successor in the coming months.

Endnotes:
  1. [Image]: https://www.jewellerybusiness.com/wp-content/uploads/2020/05/SA_DeBeers.jpg

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