Nickel and lithium miner IGO has named its new chief executive officer (CEO) and managing director, with former Rio Tinto executive Ivan Vella stepping into the role.
Vella’s appointment is the culmination of an extensive global search process following the sudden passing of former CEO and managing director Peter Bradford in October 2022.
Currently Rio Tinto’s chief executive – aluminium, Vella was interim chief executive – iron ore prior to that, a position he held following the Juukan Gorge tragedy. He has also been chief operating officer of Rio Tinto Coal and Rio’s Oyu Tolgoi copper operation in the past.
“After a rigorous process that considered many high-quality candidates from a number of different jurisdictions, we are delighted to have appointed Ivan to lead IGO through the next stage of our transformation,” IGO chair Michael Nossal said.
“Ivan has a wealth of international experience across a range of commodities and markets, and has proven his aptitude in some of the most complex operating environments.
“Beyond just business performance, Ivan has been committed to driving sustainable and responsible business practices within Rio Tinto. He has championed the company’s efforts in environmental stewardship, social impact, and governance, emphasising the importance of ethical conduct and community engagement.
“It is notable that Rio Tinto turned to Ivan to rebuild their relationships with the PKKP (Puutu Kunti Kurrama and Pinikura people) in the wake of the Juukan Gorge tragedy.”
Vella said he joined IGO at an important time in the company’s history.
“The company’s purpose and values deeply resonate with me and IGO has positioned itself brilliantly to be at the forefront of the global transition to a green energy future.
“Beyond the current asset base, IGO has an impressive team of highly talented individuals. Together, they have built a highly regarded reputation for having an innovative and dynamic culture underpinned by a true commitment to a unique set of values.”
Vella will commence at IGO no later than December 11 as he finishes up at Rio Tinto and he and his family relocates from Montreal to Perth.
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