Short Profile of Eric Asubonteng, Managing Director of AngloGold Ashanti, Obuasi Mine

Eric Asubonteng is the General Manager and Managing Director (MD) of AngloGold Ashanti Obuasi Mine and has worked with AngloGold Ashanti since 2013. Until this appointment as MD, Mr. Asubonteng was Head of Operations and Corporate Affairs of the Company’s Obuasi Mine and had full responsibility for managing the reputation of the company as head of Corporate Affairs.

He is a highly accomplished Finance Executive with 13 years’ experience in executive roles, both local and international, in both surface mining and underground operations. He has worked with Gold Fields Ghana and Gold Fields Australia. This has includes financial management roles in the resources sector incorporating responsibility for financial and management accounting, financial management, supply chain, IT, business operations and restructuring, as well as operational management and corporate affairs.

 

Mr. Asubonteng is a chartered accountant. He holds a first degree from the University of Ghana Business School, an MBA from the Manchester Business School, and currently pursuing a Mining Engineering certificate.

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The Artistic Mind of a Criminal

I used to have a client who is a professor when it comes to art, paintings and antiques. He paints one portrait and makes millions out of it and that really fascinated me so much that I started doing some research into the Art, paintings and antiques industry. I discovered that the painting industry in Ghana is very small and young but elsewhere in the world, it is a huge industry which contributes significantly to the economy of these countries. The USA economy in 2014 and 2015 benefited US$730 billion and US$763.6 billion respectively from the Art, Paintings and Antiques sector(1). US$12 billion (£9.2 billion) was contributed to the UK GDP in 2016 from the Art and Painting sector(2) with Singapore’s Art and Painting contributing S$2.13 billion to the GDP in 2013(3).

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