Aluminium Bahrain B.S.C., the world’s largest single-site smelter, announced on August 6 the appointment of Ricardo Fontes Santana as a new Chief Financial Officer (CFO). The company also said the appointment would be effective from August 15, 2024.
Mr Ricardo will join Alba with a wealth of knowledge in the metals and mining industry gathered from over 25 years of global experience. He has recently been associated with Sohar Aluminium as CFO and has been on the team of non-executive directors.
Mr Ricardo also served South32, ESSILOR, BHP Billiton, and Shell in Brazil, Australia, Singapore, The Netherlands, Portugal, and Oman.
Khalid Al Rumaihi, Chairman of Alba’s Board of Directors, said: “We are delighted to welcome Ricardo to the Alba family. His deep-rooted expertise in the global industrial sector, coupled with a proven ability to navigate complex financial landscapes, makes him an invaluable addition to our team. We are confident that his leadership will contribute significantly to Alba’s growth journey.”
Ali Al Baqali, Alba’s Chief Executive Officer, commented: “Ricardo’s appointment underscores our unwavering commitment to assembling a world-class leadership team. His impressive history of delivering exceptional financial performance and executing strategic initiatives aligns perfectly with Alba’s ambitious vision.”
Ricardo Fontes Santana holds an MBA in Finance and Controlling from Universidade Federal Fluminense and has pursued executive education programmes at the Judge Business School, University of Cambridge, and the Kellogg School of Management, Northwestern University. He is also certified in Investor Relations by the UK’s IR Society.
Expressing his enthusiasm for the new role, Santana stated: “I am honoured to join the Alba Executive team and contribute to the Company’s ongoing success. By leveraging my financial expertise and collaborating closely with the leadership team, I am confident in our ability to drive sustainable growth, enhance shareholder value, and consolidate Alba’s position as a global industry leader."
