Anglo American appoints Matt Walker as CEO of Marketing business

LONDON, UK: Anglo American plc announced the appointment of Matt Walker as CEO of its Marketing business, following Peter Whitcutt’s decision to step down after 33 years with Anglo American.

Matt Walker will take up his new role and join Anglo American’s Executive Leadership Team, with effect from 1 December 2023.

Matt Walker joined Anglo American’s finance team in 2007 and has served as group Head of Corporate Finance since 2021, following three years as Group Treasurer. He has held a number of senior finance and other roles across Anglo American, including as CFO of the copper business in Chile.

Duncan Wanblad, Chief Executive of Anglo American, said: “I am delighted that Matt will be joining our Executive Leadership Team as CEO of our Marketing business – an increasingly important value driver for Anglo American as our primary interface with our major industrial customers.

Matt’s financial and commercial experience gained across both corporate and business roles stands him in excellent stead to continue to develop our Marketing platform to match our wider strategic ambitions for Anglo American.”

Matt Walker said of his appointment: “I’m excited to take on the leadership of our global Marketing business. We have considerable opportunity to build out our end-to-end commercial offering for customers, ensuring that they experience a reliable supply of responsibly sourced, premium quality metals and minerals that meet their own standards, as well as those of their end consumers.”

Duncan Wanblad added: “We are hugely grateful to Peter Whitcutt for his outstanding contribution to Anglo American over more than 30 years. Peter has applied his incisive capabilities to many of Anglo American’s defining transactions and other developments over that time, including building our Marketing business over the last 10 years to deliver a valuable range of materials solutions for our customers.  On a personal note, and having joined the group together in 1990, I know we all wish Peter the very best in his next endeavours.” 

Peter Whitcutt commented: “Anglo American has brought me a fabulous variety of experiences throughout my career and I’ve been privileged to always work with such diverse and talented colleagues who have a real sense of purpose and commitment to our values. A real highlight has been developing the full breadth of marketing and trading capabilities and customer-centric services from our commercial hubs around the world. After ten years in role, I feel this is the right time to hand over the baton and I wish Matt and the team every success in continuing to grow the value of our Marketing business and its increasingly significant contribution to Anglo American.”

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