De Beers announced Thursday that Barend Petersen has been appointed CEO of De Beers Consolidated Mines effective from April 1st.

Petersen succeeds David Noko who stepped down at the end of March. In addition to his appointment as CEO of DBCM, Petersen also heads up the South African mining interests of the De Beers Family of Companies.

Petersen is a non-executive director of Anglo American South Africa and he also owns a stake in Ponahalo Capital, the black empowerment company. He is also the director of De Beers société anonyme, the chairman of the Audit Committee of De Beers Consolidated Mines and a member of the Audit Committee of De Beers société anonyme. He was first appointed to the DBCM board in August 2002. Petersen is also the chairman of Sizwe Business Recovery and a former member of the Public Accounts and Auditors Board of South Africa.

JCK