Nev Power
Chief Executive Officer and Managing Director
Civil Engineering
Fortescue Metals Group Ltd
Australia
Biography
Mr Power has more than 30 years' experience in the mining, steel and construction industries and a proven track record in the delivery of major infrastructure projects, mining and steel manufacturing and distribution. Since Mr Power's appointment as CEO 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. Mr Power leads Fortescue’s strong values based culture, its commitment to safety excellence, to improving diversity and to ensuring that the company’s success helps build strong and sustainable communities. The company’s Billion Opportunities program has now awarded close to A$2 billion in contracts to Aboriginal businesses. Prior to joining Fortescue, Mr Power held Chief Executive positions at Thiess and the Smorgon Steel Group adding to his extensive background in the mining, steel and construction industries. Mr Power also 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. Mr Power sits on the Fortescue Board as Managing Director; is a Fellow of both Engineers Australia and The Australasian Institute of Mining and Metallurgy; a member of the Australian Institute of Company Directors and the International Advisory Board for Lingnan (University) College, Sun Yat’sen University, China. He is an INSEAD graduate, and holds a Bachelor of Engineering and Master of Business Administration.
Research Interest
Civil Engineering