Ian Wells commenced as chief financial officer of Fortescue Metals Group in February 2018.
Wells joined Fortescue in 2010 and has held multiple senior executive roles in the finance team, including funding, treasury, planning and analysis as well as company secretary. Prior experience includes financing Fortescue's $10 billion major iron ore project development to 155 million tonnes per annum, and successfully undertaking multi-billion-dollar capital raising and refinancing transactions in domestic and international capital markets.
Most recently, he has held the position of group manager corporate finance leading Fortescue's capital management strategy with group responsibility for treasury and funding.
With more than 20 years' experience as a senior executive in leading ASX listed and private companies in the mining, energy infrastructure and healthcare industries, Wells' prior positions include chief financial officer of Singapore Power subsidiary Jemena Limited, one of Australia's largest owners and operators of energy infrastructure and acting CFO of Alinta Limited when it was acquired through an on-market acquisition by the Babcock and Brown, Singapore Power Consortium in 2007.
Wells holds a bachelor of business in accounting from Curtin University, is a fellow of CPA Australia, a certified finance and treasury professional and a graduate member of the Australian Institute of Company Directors. Wells is also a director of not-for-profit Alzheimer's WA and the chairman of the Salvation Army business advisory committee.