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The De Beers Group of Companies today announced the appointment of Nimesh Patel as Chief Financial Officer. Nimesh succeeds Gareth Mostyn, who will take up the role of Executive Head of Strategy and Corporate Affairs in the New Year.

Nimesh joins from Anglo American where he was Group Head of Corporate Finance. Prior to joining Anglo American, Nimesh spent 15 years in investment banking at JPMorgan and as a Managing Director at UBS.

Nimesh said: “Having been closely involved with De Beers for a number of years in my previous role, I look forward to working with Philippe, the Executive team and our many partners and stakeholders as we deliver on our strategy and continue to play a leading role in the industry.”

Philippe Mellier, Chief Executive of De Beers, said: “Nimesh has a strong track record of working in senior finance roles in large, complex organisations. I am delighted to welcome him to De Beers at what is an exciting time in the company’s evolution.”

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Contact

Lynette Gould
De Beers Group Press Office
Tel: +44 (0) 20 7430 3434
[email protected]

David Johnson
De Beers Group Press Office
Tel: +44 (0) 20 7430 3434
[email protected]

About The De Beers Group of Companies

De Beers is a member of the Anglo American group. Established in 1888, De Beers is the world’s leading diamond company with expertise in the exploration, mining and marketing of diamonds. Together with its joint venture partners, De Beers employs more than 20,000 people (directly and as contractors) across the diamond pipeline, and is the world’s largest diamond producer by value, with mining operations in Botswana, Canada, Namibia and South Africa. As part of the company’s operating philosophy, the people of De Beers are committed toLiving up to Diamonds by making a lasting contribution to the communities in which they live and work, and transforming natural resources into shared national wealth. For further information about De Beers visit www.debeersgroup.com.