AngloGold Ashanti CEO resigns

Srinivasan Venkatakrishnan, CEO of AngloGold Ashanti, has tendered his resignation.

After 18 years at the company, the last five of which have been as CEO, Srinivasan Venkatakrishnan has announced his resignation from AngloGold Ashanti.

Venkatakrishnan will be moving to London Stock Exchange-listed, diversified natural resources firm, Vedanta Resources, where he will fill the chief executive role. 

According to AngloGold Ashanti, Venkatakrishnan will remain in his current position until end August this year. They are currently searching for his replacement.