Newcrest CEO Biswas steps down, hunt for brand spanking new chief underway By Reuters

© Reuters. FILE PHOTO: Sandeep Biswas, Chief Govt of Australia’s greatest gold miner Newcrest Mining Ltd, poses for {a photograph} after talking on the Melbourne Mining Membership in Melbourne, Australia, February 9, 2017. REUTERS/Melanie Burton

MELBOURNE (Reuters) – Newcrest Mining (OTC:) Ltd Chief Govt Sandeep Biswas will retire from his position on the helm of Australia’s largest gold producer, the corporate stated on Monday.

Chief Monetary Officer Sherry Duhe, who joined the corporate in February, will step in as interim chief govt whereas a worldwide inside and exterior seek for a alternative is underway, Newcrest stated in a submitting to the alternate.

Duhe comes from an vitality background, having beforehand labored as CFO of Woodside (OTC:) Vitality, and spent 13 years at Shell (LON:).

Biswas, who will relinquish his position as a managing director as of Monday, will keep on in an advisory capability till March 18.

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