Incoming IGO chief Ivan Vella says he regrets the events leading up to Rio Tinto sacking him a month before his scheduled departure.
"I regret the events that led to my early departure from Rio Tinto but, having been passionately dedicated to Rio Tinto for over 20 years of my life, I can confirm that there was no mal intent,” he said.
“Through this review, we understand that during his handover process not all appropriate procedure was followed in relation to confidential information under his control and Ivan has accepted accountability for this policy breach,” the company said.
“Based on what is known, no information was compromised as a result of his actions.”
“Throughout the recruitment process, the board was highly impressed by the alignment of Ivan's values with those of IGO, and his proven track record as a corporate leader,” he said.
“Upon reviewing the full circumstances of this recent situation, the board continues to have confidence in Ivan's character, integrity and professionalism.”
Mr Vella's IGO appointment was announced in June after the company spent time searching for its next chief executive and managing director with unexpected death of its chief Peter Bradford in October 2022.
The company's chief operating officer Matt Dusci has been acting as IGO's chief executive.