Mark Johnstone has recently taken on a new role as the director of risk finance at Newmont Corporation, based in Toronto, Ontario, Canada. With an extensive background in risk management and insurance, Johnstone brings valuable experience to his new position. Previously, he served as the national risk management leader at Purves Redmond from March 2022 to February 2025. Before that, he held the position of director of global insurance at Barrick Gold Corporation for a decade, focusing on captive insurance and risk management. Earlier in his career, Johnstone was a senior vice president at Marsh Canada, specializing in mining and power. His appointment signals a significant addition to Newmont's leadership team.

A Closer Look at Mark Johnstone's Career Transition

In the heart of Canada’s financial district, a notable change has occurred as Mark Johnstone transitions into his new role as the director of risk finance at Newmont Corporation. This move comes after Johnstone’s successful tenure at Purves Redmond, where he spearheaded risk management initiatives for nearly three years. Prior to this, he spent over a decade at Barrick Gold Corporation, where he managed global insurance strategies and oversaw critical aspects of captive insurance. His earlier experience as a senior vice president at Marsh Canada further solidifies his expertise in the field. Johnstone’s impressive track record positions him well to contribute significantly to Newmont’s strategic goals.

From a reader's perspective, Johnstone's career progression highlights the importance of specialized knowledge in risk management within the mining industry. His appointment suggests a focus on strengthening Newmont’s risk mitigation strategies, which could have broader implications for the company’s operations and stability. It is exciting to see how his unique blend of experience will shape the future of risk finance at Newmont.