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AngloGold announces new CEO

Srinivasan Venkatakrishnan will be responsible for heading the company as its CEO.

Srinivasan Venkatakrishnan will be responsible for heading the company as its CEO. Picture: AFP

JOHANNESBURG - AngloGold Ashanti (AGA) announced the appointment of Srinivasan Venkatakrishnan as its new CEO on Wednesday.

The appointment follows the resignation of Mark Cutifani who left the company to head up Anglo American at the beginning of April.

The Indian national has been with AGA for nine years as its chief financial officer.

His appointment was announced by chairman Tito Mboweni.

Anglo gold's spokesperson Alan Fine said Venkatakrishnan has a wealth of experience.

"It seems to be the popular choice among staff at the company and we are looking forward to this new era. We know that he will deal with challenges we face effectively."