Mining group Lonmin has announced it has a ppointed a new chief financial
officer to be based from its South Africa headquarters.
Simon Scott, 52, a member of the South African insitute of chartered
accountants, will take over the CFO’s position in November this year. He
succeeds Alan Ferguson who is expected to step down from the CFO role and depart
the company at the end of the year.
Lonmon is the company formally known as Lonrho, a former owner of the
Observer newspaper and was once headed Tiny Rowland.
It changed its name to Lonmin in 1999 to focus on mining and divested itself
of all non core assets.
Scott is currently the financial director of Aveng, a construction company
listed in South Africa.
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