release time:2017-03-09 16:14:44 view count:62517 source:Boao Forum for Asia
Chief Executive Officer
Nev Power, Chief Executive Officer, Fortescue Metals Group Ltd (Fortescue) leads one of the world’s largest, lowest cost producers of iron ore, recognised for its unique culture, innovation and world class infrastructure and mining assets in the Pilbara, Western Australia.
Since his appointment in July 2011, Fortescue has more than quadrupled its production to 170 million tonnes per annum and through an unwavering focus on productivity and efficiency has positioned itself as the lowest cost supplier of seaborne iron ore to China. In FY16, Fortescue generated revenue of approximately US$7.1 billion.
Nev leads Fortescue’s strong values based culture, its commitment to safety excellence and to ensuring that the company’s success helps build strong and sustainable communities. Fortescue employs 1,100 Aboriginal people, 15 per cent of the workforce and through its Billion Opportunities program has awarded over A$1.8 billion in contracts to Aboriginal businesses.
In 2016 Nev was named WA Business Leader of the Year.
Nev has a long history in agribusiness and aviation holding both fixed wing and helicopter commercial pilot licenses. He is a passionate advocate for the development of northern Australia and for its communities to reach their full potential.
He is an Executive Director on the Fortescue Board, Fellow of both Engineers Australia and The Australasian Institute of Mining and Metallurgy, Member, Australian Institute of Company Directors and a member of the International Advisory Board for Lingnan College, China. He holds a Bachelor of Engineering and a Master of Business Administration.