GVK Hancock names Yeates as CEO

Tags: GVK Hancock, News
Infrastructure major GVK Group today said coal mining industry veteran Darren Yeates has been appointed Chief Executive Officer of GVK Hancock, which is executing multi-billion projects in Australia.

As the Chief Executive, Yeates said his immediate focus will be on "continuing to build on the significant progress achieved to date and on driving a clear path forward to project delivery".

GVK Hancock has undertaken coal mining and related infrastructure projects in Australia's Queensland state.

"Our projects will deliver one of the most significant pieces of regional and economic development Queensland has seen for decades, and I'm really proud to be playing a key role in such a significant suite of projects in my home state," Yeates said.

Prior to GVK, Yeates worked as Chief Operating Officer and Acting CEO for Rio Tinto Coal Australia.

He brings over 30 years of experience in coal mining operations, mine infrastructure and resource sector industries, a GVK release said here.

GVK Reddy, Founder-Chairman and Managing Director GVK Power and Infrastructure, said, "Yeates brings with him extensive leadership and experience to our organisation. I am confident Yeates' in-depth operational and project management experience will complement our management team and drive our Galilee Basin projects to operational reality."

Sanjay Reddy, GVK Vice-Chairman, said: "I look forward to working with Yeates to bring these projects through the next chapter with final operational, construction and financing arrangements."

In late 2011, GVK acquired 100 per cent stake in the Kevin's Corner project and a 79 per cent stake in the Alpha Coal and Alpha West Coal projects from Hancock Prospecting Pty Ltd for $1.26 billion.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • Child abuse needs to be tackled with the seriousness it deserves

    The Bangalore rape case has again brought into focus an issue we Indians forever shy away from facing up to — child sexual abuse.

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

<b>Riskfactor</b>: THE BASE RATE BIAS

Base rate fallacy, also called base rate neglect or base ...

Parvez Imam

Revisiting history can do us all good

We often think that we understand history. We read it ...

Bubbles Sabharwal

Your happiness doesn’t depend on your needs

They are two different words (and even worlds) altogether: having ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture