Australian iron ore giant Rio Tinto has appointed Ian Bauert as managing director for China, with immediate effect.
According to a company press release, Mr. Bauert will be based in Shanghai and will lead Rio Tinto's 160-strong team of employees in Beijing, Shanghai and Guangzhou. He speaks fluent Mandarin and established the company's first office in China more than 25 years ago.
Tom Albanese, chief executive officer of Rio Tinto, said the new role underlines the importance the company places on enhancing its relationship with China. "I am deeply committed to developing our relationship with China. Ian's experience and leadership will provide strategic direction and help guide all aspects of our engagement with China, one of our most important partners," he said.
Bauert will report to Doug Ritchie, who last year assumed direct responsibility for Rio Tinto's activities in China, in addition to his role as chief executive for energy.