Anglo Hires Paulson Analyst as Head of Investor Relations

Anglo American Plc (AAL), the global company that controls the biggest platinum and diamond producers, hired Paul Galloway as head of investor relations from Paulson Europe Investment Management.

Galloway joined Anglo as group head of investor relations on Oct. 7, according to a note the London-based company sent to analysts seen by Bloomberg News. Galloway will report to Finance Director Rene Medori, Anglo said.

Galloway, who was global mining analyst at Paulson, has previously worked at Sanford C. Bernstein Ltd. and UBS AG, and was an investor relations manager at Rio Tinto Group.

Anglo Chief Executive Officer Mark Cutifani, who replaced Cynthia Carroll in April, is reviewing the company’s operations from Australia to Brazil in pursuit of savings and increased cash flow. The company today announced the appointment of Ruben Fernandes from Dec. 1 as head of nickel, niobium and phosphate businesses after combining the management of the three commodities.

Anglo owns about 80 percent of Anglo American Platinum Ltd. (AMS), the biggest producer of the metal, and 85 percent of De Beers, the largest diamond company.

To contact the reporter on this story: Firat Kayakiran in London at fkayakiran@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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