Fortescue, Leadership changes, News

New leadership changes hitting the resources sector

Sandvik Mining and Barrick Gold have extended their global framework agreement to enhance their long-term partnership.

Fortescue and SRK have both announced new changes to their leadership teams.


Usha Rao-Monari has been appointed as a Fortescue board director.

Rao-Monari has over 25 years of experience in both finance and investment, with a particular focus on the infrastructure sector.

“Usha brings a wide range of experience across business, international relations, industry and government which builds on the world leading calibre of the Fortescue board,” Fortescue executive chairman Andrew Forrest said.

“As we become the world’s number one integrated green technology, energy and metals company, her valuable knowledge will help lead this transition.”

Rao-Monari is the former under secretary general and associate administrator for United Nations Development Programme. She has also held various other executive and non-executive positions positions.

“It’s an honour to join a company that is driving climate policy and industry change globally,” Rao-Monari said.

“As a first mover, Fortescue is focused on demonstrating to the world that it is possible to decarbonise profitably and I’m deeply energised by the challenge ahead.”


SRK has appointed Kate Vershinina as its new principal consultant to its environmental, social and governance (ESG) team.

Vershinina is experienced in leading and executing projects across the mining sector, including in environmental management, mine closure, and social impact assessments.

“We’re excited to welcome Kate to our team,” SRK Australia head of ESG and mine closure Danielle Kyan said.

“While the integration of social and environmental management into our clients’ projects has long been a core part of SRK’s service offering, Kate’s appointment is a testament to our continual focus on SRK’s ESG capabilities both locally and globally.”

Kate Vershinina.

Vershinina has over 20 years of international experience in ESG management tools.

“Kate has been the environmental head of department at SRK in previous years and has worked in many operational roles, giving her holistic experience across operations and consultancy,” SRK Australasia managing director Carl Murray said.

“I believe her appointment builds on SRK’s strong global reputation as a leader in sustainable practices.”

Vershinina said she is excited to be working with the SRK team.

“The current global trend towards sustainable mining is exciting, and Australia, with its rich reserves of critical minerals, presents a wealth of opportunities,” she said.

“I am committed to guiding our clients on their journey towards decarbonisation, working on their social licence to operate, assisting them in their compliance with increasing regulatory and reporting requirements and other future challenges sure to come.”

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