De Beers’ Chief Financial Officer to Leave

De Beers Group’s chief financial officer Nimesh Patel (pictured) will leave the company on July 26, it announced Thursday.

Patel’s successor has not yet been named.

Patel is leaving De Beers to become chief financial officer and executive director of Spirax-Sarco Engineering.

Patel joined Anglo American in 2012 as group head of corporate finance. In 2016, he moved to De Beers as chief financial officer, joining its 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,” said Bruce Cleaver, De Beers’ chief executive officer, in a statement. “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.”

(Image courtesy of De Beers Group)

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JCK News Director