Ferrexpo names Jim North as CEO

Iron ore pellets exporter Ferrexpo tapped Jim North to take over as permanent chief executive officer on Tuesday, with immediate effect.

North has held the position of acting CEO since May 2020, having previously been the group's chief operating officer since 2014.

Ferrexpo stated that since stepping into the role of acting CEO, North had guided the firm to implement projects to enhance the overall effectiveness of its operations in Ukraine and secure its first long-term contract for its latest product despite operating with restrictions relating to the global Covid-19 pandemic.

Chairman Lucio Genovese said: "During his time as acting CEO, Jim has shown an adept ability to refocus the group's strategy, further promote an inclusive leadership model, deliver a clear message on key topics relevant to stakeholders, whilst also continuing to deliver strong operational performance across the group."