De Beers appoints Cook, Cleaver to be CEO, co-chairman

Anglo American’s De Beers will begin the new year with new leadership, as it has appointed Al Cook as its CEO and current CEO Bruce Cleaver to co-chairman of the company.

The move, which will be effective in early 2023, comes as Cleaver opted to step back into a non-executive role after six years in his seat as CEO.

Cook, a 25-year international leadership veteran, most recently led Equinor’s multi-billion dollar global E&P business across Africa, the Americas and Europe. He also previously led Equinor’s global strategy and business development, developing the company’s net zero strategy, the operator’s executives noted.

Cook commented that he is honored to lead the company behind the world’s leading diamond brand.

“Throughout my career, I have been passionate about bringing enduring economic, social and environmental value to host countries and communities. I deeply recognise the importance of De Beers’ approach to responsible mining – most notably in Botswana, Namibia and South Africa. It is our responsibility to work with the industry on continuing to fulfill the true promise of diamonds.”

Cleaver agreed, calling it a “tremendous privilege” to have led such an iconic company as De Beers.

“I believe the diamond industry in general, and De Beers Group in particular, have a hugely exciting future ahead and I look forward to working closely with Al and the leadership team to ensure we continue to take the business and the industry to new heights.” 

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