Rio Tinto hires new managing director for diamonds

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Company’s CCO for diamonds Jean-Marc Lieberherr transfers to new role.

Rio Tinto’s chief commercial officer for diamonds Jean-Marc Lieberherr is set to switch roles, becoming the company’s managing director for diamonds as of September 1.

Lieberherr joined the mining giant’s diamond business in 2005. He will now be responsible for all aspects of Rio Tinto Diamonds. His appointment follows the hiring of Paul Dean as Rio Tinto’s new chief financial officer for its diamond business in May this year.

He has been appointed to the role as part of a restructure following Rio Tinto’s decision to retain the diamonds business in its portfolio. Included in the restructure was the consolidation of diamond mining operations under Kim Truter who will be appointed chief operating officer for the diamonds business, reporting to Jean-Marc Lieberherr. Truter currently holds the position of managing director of the Argyle Diamond Mine and was previously president of the Diavik Diamond Mine.

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Rio Tinto released its underlying financial results for the six months to June 30 2013 earlier this month, with its diamond business’ gross revenue hitting $403 million (£260m), up from 2012’s H1 revenue of $350 million (£226m).
 

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