Gareth Penny
Encyclopedia
Gareth Penny is the CEO of AMG Mining Ltd. This is a world leader in the mining and marketing of critical metals and minerals. AMG’s operations include CIF, one of the world’s largest tantalum/niobium producers (based in Brazil), Sudamin – Europe’s largest producer of antimony trioxide
, and an 88% interest in Graphit Kropfmühl, a leading, listed graphite producer (based in Germany).
Gareth serves on the Senior Advisory Board of TowerBrook Capital Partners
(TCP), a leading New York- and London-based investment firm. He is also a non-Executive Director of Julius Bär
Holding Limited, the largest, listed dedicated wealth manager in Switzerland.
Gareth is the Vice Chairman of the Botswana Economic Advisory Committee to the President and has been a regular visiting Lecturer at the London Business School
’s MBA and Sloane programmes.
Previously, Gareth spent 22 years with De Beers
and Anglo American, the last five of which he was Group CEO of De Beers. During his tenure, Gareth was instrumental in reshaping not only the world’s largest diamond company, but also the diamond industry. He was the prime architect in the change to the De Beers business model, which replaced over 100 years of supply-side management in the rough diamond business, with demand-driven initiatives that have generated significant diamond industry demand growth.
Gareth was voted Person of the Year in 2003, by the authoritative jewellery industry magazine JCK (Jewelers Circular Keystone), and holds Honorary Life Membership of the London Diamond Club and Bourse.
Educated at Diocesan College
(Bishops) in Cape Town and at Eton College
, Gareth was a Rhodes Scholar at Oxford, graduating with a Masters in Philosophy, Politics and Economics. Gareth is married to Kate and they have two children.
Antimony trioxide
Antimony trioxide is the inorganic compound with the formula Sb2O3. It is the most important commercial compound of antimony. It is found in nature as the minerals valentinite and senarmontite...
, and an 88% interest in Graphit Kropfmühl, a leading, listed graphite producer (based in Germany).
Gareth serves on the Senior Advisory Board of TowerBrook Capital Partners
TowerBrook Capital Partners
TowerBrook Capital Partners L.P. is a private equity firm based in the United Kingdom and United States. Their offices are in London, San Francisco, and New York City. TowerBrook seeks for complex, control-oriented investments in large and middle market companies in European and North American...
(TCP), a leading New York- and London-based investment firm. He is also a non-Executive Director of Julius Bär
Julius Bar
Julius Bar can refer to:*Julius , a historic gay bar in New York City*Julius Baer Group, a Swiss bank founded by Julius Bär...
Holding Limited, the largest, listed dedicated wealth manager in Switzerland.
Gareth is the Vice Chairman of the Botswana Economic Advisory Committee to the President and has been a regular visiting Lecturer at the London Business School
London Business School
London Business School is an international business school and a constituent college of the federal University of London, located in central London, beside Regent's Park...
’s MBA and Sloane programmes.
Previously, Gareth spent 22 years with De Beers
De Beers
De Beers is a family of companies that dominate the diamond, diamond mining, diamond trading and industrial diamond manufacturing sectors. De Beers is active in every category of industrial diamond mining: open-pit, underground, large-scale alluvial, coastal and deep sea...
and Anglo American, the last five of which he was Group CEO of De Beers. During his tenure, Gareth was instrumental in reshaping not only the world’s largest diamond company, but also the diamond industry. He was the prime architect in the change to the De Beers business model, which replaced over 100 years of supply-side management in the rough diamond business, with demand-driven initiatives that have generated significant diamond industry demand growth.
Gareth was voted Person of the Year in 2003, by the authoritative jewellery industry magazine JCK (Jewelers Circular Keystone), and holds Honorary Life Membership of the London Diamond Club and Bourse.
Educated at Diocesan College
Diocesan College
The Diocesan College, or Bishops as it is more commonly known, is an independent, all-boys school situated in the suburb of Rondebosch in Cape Town, South Africa...
(Bishops) in Cape Town and at Eton College
Eton College
Eton College, often referred to simply as Eton, is a British independent school for boys aged 13 to 18. It was founded in 1440 by King Henry VI as "The King's College of Our Lady of Eton besides Wyndsor"....
, Gareth was a Rhodes Scholar at Oxford, graduating with a Masters in Philosophy, Politics and Economics. Gareth is married to Kate and they have two children.