TORONTO - Barrick Gold Corp.'s second-highest ranking executive will be leaving the company at the end of August to become chief executive of AngloGold Ashanti Ltd. in South Africa.

Toronto-based Barrick says a replacement for Kelvin Dushnisky will be announced at a later time. John Thornton remains executive chairman.

Dushnisky was educated at universities in Manitoba and British Columbia before joining Barrick in 2002.

He has been Barrick's president since 2015 and has represented Barrick on the World Gold Council and other international and Canadian business organizations.

AngloGold Ashanti says Dushinisky will relocate to Johannesburg, where the company has its head office.

He replaces Srinivasan Venkatakrishnan, who is leaving AngloGold at the end of August.