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World Gold Council appoints David Tait as incoming Chief Executive Officer

November 28, 2018

LONDON--(BUSINESS WIRE)--Nov 28, 2018--The World Gold Council, the market development organisation for the gold industry, today announced the appointment of David Tait as incoming Chief Executive Officer.

David joins the World Gold Council following a highly successful career in the financial services industry. David was most recently Global Head of Fixed Income Macro Products at Credit Suisse. Prior to that he held senior trading roles at both Credit Suisse and UBS Investment Bank.

David began his career trading at Goldman Sachs and Credit Suisse and then built considerable asset management experience at Bluecrest Capital, Peloton Partners and Citadel Europe. He is currently an Independent Member of the Bank of England’s FICC Market Standards Board. David is also a major supporter of the NSPCC and has raised over £1 million by climbing Mount Everest on five occasions. He was awarded an MBE by the Queen for his services to the charity.

David will join the organisation on 7 th January 2019 as CEO Designate for a transitionary period before becoming CEO on 25 th February. He will succeed Aram Shishmanian, who has served as CEO over the past 10 years.

The Chair of the World Gold Council, David Harquail, commented: “I would like to thank Aram Shishmanian for the leadership role he has played over the past decade. As CEO, he has transformed the World Gold Council into a truly influential organisation that has helped to stimulate and sustain the demand for gold globally. I am looking forward to working with David Tait to continue this important work.”

David Tait added: “This is a pivotal role for the gold industry and one that I am truly excited to take on. Global markets have undergone immense change over recent years and the case for investing in gold is as relevant today as it was for investors a century ago. I look forward to working closely with the members of the World Gold Council as we develop what is next for gold in these increasingly uncertain times.”

You can follow the World Gold Council on Twitter at @goldcouncil and Like on Facebook.

Note to editors:

World Gold Council

The World Gold Council is the market development organisation for the gold industry. Our purpose is to stimulate and sustain demand for gold, provide industry leadership, and be the global authority on the gold market.

We develop gold-backed solutions, services and products, based on authoritative market insight and we work with a range of partners to put our ideas into action. As a result, we create structural shifts in demand for gold across key market sectors. We provide insights into the international gold markets, helping people to understand the wealth preservation qualities of gold and its role in meeting the social and environmental needs of society.

The membership of the World Gold Council includes the world’s leading and most forward thinking gold mining companies.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181128005359/en/

CONTACT: For further information please contact:

Stephanie Mackrell

World Gold Council

T+44 20 7826 4763

Estephanie.mackrell@gold.orgKate Savage

Edelman

T+44 203 047 2587

Egold@edelman.com

KEYWORD: UNITED KINGDOM EUROPE

INDUSTRY KEYWORD: NATURAL RESOURCES MINING/MINERALS OTHER NATURAL RESOURCES

SOURCE: World Gold Council

Copyright Business Wire 2018.

PUB: 11/28/2018 08:00 AM/DISC: 11/28/2018 08:01 AM

http://www.businesswire.com/news/home/20181128005359/en

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