Octavio Alvídrez

Chief Executive Officer

Date of appointment: 15 August 2012

Committee membership:
Mr Alvídrez is invited to attend the Board, Audit Committee, HSECR Committee and Remuneration Committee

Key strengths and experience: Mine management within Mexico, UK investor relations and Group Treasurer

Mr Alvídrez has extensive experience within the mining industry having previously held the position of General Manager of the Madero mine, one of Mexico’s largest mines operated by Peñoles. Mr Alvídrez joined the Peñoles Group in August 1988, since then he has held a number of senior operational and financial positions across Peñoles and Fresnillo, including that of Treasurer, Head of Investor Relations in London and Head of Procurement of concentrates for the smelters.

Mr Alvídrez holds a bachelor's degree in mining engineering from the University of Guanajuato and received his MBA from the Wharton School of Business of the University of Pennsylvania.

Mr Alvídrez is currently the president of the Silver Institute, a Board of Directors member of the Lowell Institute for Mineral Resources of the University of Arizona, a member of the Mexican Mining Chamber, and a Vice President of the Advisory Board of the School of Mines of the University of Guanajuato, Mexico.