Rio Tinto names new CFO for diamonds

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Paul Dean makes move from electronics biz to London-based role.

Rio Tinto has announced the appointment of Paul Dean as its new chief financial officer for its diamond business.

Dean, an Oxford graduate, will be based in London reporting to Rio Tinto’s managing director of diamonds, Bruce Cox.

To date Dean has held a number of senior roles in publicly listed companies, most recently as group finance director of Ultra Electronics Holdings plc., a FTSE 250 global electronics business.

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Prior to this he was finance director of Foseco plc. and group financial controller and treasurer of Burmah Castrol plc.

Cox said of Paul Dean’s appointment: "I am delighted with Paul’s appointment and his extensive experience will be invaluable in leading the future direction of the diamonds business.”

In January it was announced the Rio Tinto’s CFO Guy Elliott during shake up of the company’s strategic roles. Elliott has worked with the mining giant for 32 years and will exit at the end of 2013. A new position will be created following his retirement, overseeing the group’s strategy. 

 

 

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