Kumba Iron Ore on Tuesday appointed veteran chartered accountant Sango Ntsaluba as an independent non-executive director of the board and chairman of the audit committee, with effect from June 5.
Ntsaluba is a founding member of SizweNtsalubaGobodo, a successful firm of accountants and auditors. He also sits on the boards of Basil Read, Pioneer Foods, and Barloworld.
Ntsaluba has been the executive chairman and co-founder of NMT Capital, a diversified investment holding company, since 2002.
Ntsaluba has also served on various public sector boards, including currently the National Housing Finance Corporation (NHFC) and previously, the National Energy Regulator of South Africa (Nersa).
Kumba’s chairman, Fani Titi, said he was looking forward to welcoming Ntsaluba to the miner and wish him great success in his new role.
“Sango’s diverse commercial experience, strong business acumen and proven track record in the auditing and accounting sphere will enrich our board discussions,” Titi said.
Kumba Iron Ore is the fourth largest iron-ore producer in the world and the largest in Africa, owned by Anglo American.
– African News Agency (ANA)