Govt. replaces presidents of CVG companies

Friday, April 1, 2005

Venezuela's mining and basic industries minister Víctor Álvarez has announced changes in the presidency of companies controlled by state heavy industry holding company CVG.

These nominations are part of "the productive transformation of Venezuela and the strengthening of the corporation as a regional development entity," CVG reported.

To carry out this objective, Álvarez has named Jesús Imery as new president of Venezuelan bauxite and alumina producer Bauxilum. Imery replaces Agustín Amaro.

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Álvarez also named Claudio Rondón to replace Francisco Castillo as president of Venezuelan carbon anodes maker CVG Carbonorca.

These changes complement the ones carried out previously at Venezuelan aluminum reducer Venalum and Alcasa, where Carlos Lanz and José Sequea respectively took office as presidents.

He also named the current mining deputy minister Orlando Ortegano as president of Venezuelan gold miner CVG Minerven to replace Franqui Patines. The purpose of this nomination "is to guarantee consistency between mining policies and the performance of development projects," the information said.

In the near future other changes in CVG's subsidiary companies will be carried out.