ANA
Premium Journalist
1 minute read
28 May 2015
1:23 pm

Anglo American restructures SA leadership

ANA

Anglo American Plc on Thursday announced that Chief Executive Mark Cutifani would assume the role of chairman of Anglo American South Africa from next month, taking over from Michael Spicer, who is retiring.

FILE PICTURE: An Anglo American billboard peaks behind a building in Johannesburg, 28 March 2014. Picture: Michel Bega

A statement from the company said that Norman Mbazima, chief executive of Kumba Iron Ore, would assume the role of deputy chairman of Anglo American South Africa, fulfilling these duties while continuing to lead the Kumba business.

The company added that Andile Sangqu had been appointed to the newly established role of executive head of Anglo American South Africa. Sangqu, an accountant and tax expert by training, is an executive director of miner Xstrata South Africa and group executive director for Kagiso Trust Investments.

“Andile will work with the South Africa-based businesses to help deliver the group’s strategy in the region, will provide leadership and co-ordination to the group’s stakeholder relations initiatives in South Africa and will facilitate regional alignment with the group’s central functions,” the company said in a statement, adding that Sangqu would serve as a director of Anglo American South Africa and report to Mbazima.

Cutifani said the changes demonstrated Anglo American’s commitment to playing a leading role in the development of a responsible, sustainable and competitive business and mining sector in South Africa.

He added: “I am pleased to appoint Norman Mbazima and Andile Sangqu to their new roles. They possess the knowledge and experience required to achieve our business ambitions while we create value for South Africa and for our shareholders and stakeholders.”

Cutifani also took the opportunity to thank Khanyisile Kweyama, who is leaving Anglo at the end of the month to focus on her role as chief executive of Business Unity South Africa.