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World Gold Council appoints David Tait as next CEO

New Delhi, Nov 28 (IANS) The World Gold Council on Wednesday announced the appointment of David Tait as its next CEO.

Tait, who last worked with financial services company Credit Suisse, would join WGC as the designated CEO on January 7, 2019, a statement from WGC said.

"David will join the organisation on January 7, 2019 as CEO Designate for a transitionary period before becoming CEO on February 25," it said.

He will succeed Aram Shishmanian, who served as CEO over the last 10 years.

Commenting on his appointment, Tait said: "This is a pivotal role for the gold industry. 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."