Gareth Penny


Norilsk Nickel

Gareth Penny is Chairman of Norilsk Nickel, or Nornickel, the world’s leading producer of nickel and palladium. Nornickel, Russia’s largest diversified mining and metals company, is listed on the Moscow Exchange, with ADR's traded in London and New York.    


Gareth is Chairman of Ninety-One Plc, a business with over £130 billion assets under management for clients based all over the world, providing investment products and services.  


For twelve years, until April 2019, Gareth was a non-Executive Director and RemCo Chairman of Julius Bär Group, a listed Swiss bank focused on wealth management.  He also serves on the Senior Advisory Board of TowerBrook Capital Partners (TCP), a New York and London based investment firm.  


In 2016 Gareth was awarded Russian Chairman of the Year, with particular reference to his contribution to improvements in corporate governance.


Gareth has worked in various forms of mining over the past three decades.  For 22 years he was with De Beers and Anglo American, the last five of which he was Group CEO of De Beers. 


Gareth Penny

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