Gareth Penny

Gareth was appointed as an independent non-executive director and Chairman of Ninety One Plc and Ltd on 19 November 2019.

Gareth was previously chairman of Norilsk Nickel, Russia’s largest diversified mining and metals company listed on the Moscow Exchange and of the Edcon Group, a private fashion retailer in southern Africa. He also served as a non-executive director and Remuneration Committee chairman of the Julius Baer Group.

For 22 years, Gareth was with De Beers and Anglo American, the last five of which he was group chief executive officer of De Beers.

In 2016, he was awarded Russian Chairman of the Year, with reference to his contribution to improvements in corporate governance. Gareth has had considerable experience in chairing both public and private boards. He has had significant exposure to developing markets, wealth management, private equity and the financial sector.