Lionel Mages, Acma
About Lionel Mages, Acma
Lionel Mages is an Iron Ore Asset Manager at Glencore, where he has worked since 2014. He has extensive experience in finance and management, having held various positions at Credit Suisse and British American Tobacco, and he manages significant Iron Ore assets in Mauritania and Congo.
Work at Glencore
Lionel Mages has been serving as the Iron Ore Asset Manager at Glencore since 2014. In this role, he oversees the management of Iron Ore assets and is responsible for financial and management reporting within the group. His responsibilities include managing relationships with government and external stakeholders in Mauritania and Congo, as well as conducting business and financial reviews of potential investments. Mages also manages global Iron Ore audit requirements and compliance, coordinating with Deloitte.
Previous Experience in Finance
Before joining Glencore, Lionel Mages held several key positions in finance. He worked at Credit Suisse France in Paris as Head of Controlling PB France for nine months in 2009 and served as Senior Business Controller from 2006 to 2009. Prior to that, he was a Marketing Finance Executive at British American Tobacco from 2003 to 2006 and began his career there as a Finance Trainee from 2001 to 2003. His diverse experience in finance has contributed to his expertise in managing financial operations and reporting.
Educational Background
Lionel Mages has a strong educational foundation in finance and management. He studied at HEC Lausanne, where he earned a Master's degree in Management/Finance & Controlling from 1996 to 2000. He furthered his education at the University of St. Gallen, achieving a Master's degree in Finance from 2000 to 2001. Additionally, he is a qualified Management Accountant (A.C.M.A) from The Chartered Institute of Management Accountants, which underscores his expertise in management accounting.
Leadership Roles in Joint Ventures
In addition to his role at Glencore, Lionel Mages holds significant leadership positions in joint ventures related to Iron Ore assets. He serves as Director and CFO of Jumelles, a joint venture with ZIOC, managing Iron Ore assets in Congo. He is also the Director at El Aouj, a joint venture with SNIM, focusing on Iron Ore assets in Mauritania. These roles involve overseeing governance and financial management of projects in these regions.
Management of Iron Ore Projects
Lionel Mages leads the governance and financial management of Iron Ore projects in Mauritania and Congo. He acts as General Manager of Sphere Mauritania SA, where he manages the Askaf Iron Ore asset. His experience includes overseeing the delisting of Sphere Minerals Ltd from the Australian Stock Exchange after a successful compulsory acquisition, showcasing his capability in managing complex financial transactions and compliance.