Barrick Gold appointed a new member to their Board of Directors. Anne Kabagambe, former Executive Director of the World Bank Group, will join as an independent director.
With 35 years in diverse leadership roles for several global institutions Anne comes with an impressive CV. She served at the World Bank Group from 2016 to 2020. There she represented 22 Sub-Saharan African countries and their interests. She also worked in Tanzania and Zambia, this coincides with Barrick’ gold and copper operations in those countries. Ms Kabagambe has been a part of several respectable committees during her time at the World Bank, these include the Development Effectiveness Committee, the Budget Committee and the Pension Benefits Committee. As the Co-Chairperson of the World Bank Board’s Gender Working Group, Ms Kabagambe has proven to be a fierce advocate for the empowerment and upliftment of women and a believer in diversity and inclusion.
Her experience is not limited to the World Bank Group. For 27 years, she worked at the African Development Bank. Here she built a rapport with leaders across African countries and indeed with other parts of the world. During her tenure, she contributed in developing cooperative agreements with Asian countries. Here, she held the position of Chief of Staff for the African Development Bank President.
She has extensive experience as a Board member with organisations like the Africa American Institute (AAI) and Junior Achievement (JA) Africa.
Ms Kabagambe holds an undergraduate degree from the University of California at San Diego (UCSD). She received her master’s degrees in Public Policy from Columbia University’s School of International and Public Affairs and George Washington University. She also holds a post-graduate diplomas from Harvard University’s John F. Kennedy School of Government and the Cranfield School of Management.
John Thornton, Executive Chairman of Barrick, spoke of Ms Kabagambe’s experience working with governments, private sector and civil society would strengthen the Board and bring in a unique and independent understanding of carrying out business internationally. Her knowledge of sectors like global resources, banking and education give her an upper hand.