Tait, who last worked with financial services company Credit Suisse, would join WGC as the designated CEO on January 7, 2019, a statement from WGC said.
"David will join the organisation on January 7, 2019 as CEO Designate for a transitionary period before becoming CEO on February 25," it said.
He will succeed Aram Shishmanian, who served as CEO over the last 10 years.
Commenting on his appointment, Tait said: "This is a pivotal role for the gold industry. I look forward to working closely with the members of the World Gold Council as we develop what is next for gold in these increasingly uncertain times."
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