Barrick Gold Re-hires Former Executive as CFO
Canada’s Barrick Gold has named Ammar Al-Joundi, a former member of its financial team, as its new chief financial officer (CFO). Al-Joundi had been CFO at Agnico-Eagle Mines since leaving Barrick in September 2010. The new appointment will take place on 10 July.
The CFO position at the world’s largest gold producer had been vacant since 6 June, when Barrick announced that Jamie Sokalsy was being promoted from CFO to chief executive officer (CEO), to replace Aaron Regent.
Al-Joundi was previously with Barrick for 11 years before joining Agnico-Eagle. He served as a senior vice president (SVP) and spent two years as CFO of Barrick’s South American business unit. Prior to joining Barrick in 1999, Al-Joundi spent eight years as an investment banker at Citibank Canada.