Directorate Change
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9 March 2011 |
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Anglo American appoints Phuthuma Nhleko to the Board |
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Anglo American plc announces the appointment to its Board of Phuthuma Nhleko as a non-executive director, with immediate effect. Phuthuma Nhleko is the Group President and CEO of MTN Group, the Johannesburg listed multinational telecommunications group, a role he has held since 2002.
Under Phuthuma's leadership, MTN has achieved significant international growth and is currently established in 21 countries in Africa and the Middle East, with revenues in excess of $15 billion in 2009. Phuthuma will stand down as Group President and CEO at the end of March 2011 and will become the Non-Executive Vice-Chairman of MTN Group and Chairman of MTN International, both of which are non-executive roles.
Sir John Parker, Chairman of Anglo American, said: "I am delighted to welcome Phuthuma Nhleko to the Anglo American Board. I have been deeply impressed by Phuthuma's leadership and vision at the helm of MTN, transforming the company from a highly successful South African mobile operator into a very considerable international force in mobile telecommunications services in emerging markets. His broad international business experience will lend further strength to our Board."
Notes to editors:
Phuthuma Nhleko, age 50, is South African and is based in Johannesburg. He holds a BSc in civil engineering from Ohio State University and an MBA from Atlanta University. Phuthuma has previously served as a director on a number of boards in South Africa, including Nedbank Group, Alexander Forbes, Bidvest and Old Mutual (SA). He was also recently appointed to the BP plc board. He joined MTN as Group Chairman in 2001, taking up the position of President and CEO in 2002. Phuthuma will step down from his executive positions on 31 March 2011 and will become the Non-Executive Vice-Chairman of MTN Group and Chairman of MTN International.
Phuthuma Nhleko is the fourth new non-executive director appointed to the Board of Anglo American since the appointment of the Group's Chairman, Sir John Parker, on 1 August 2009.
Anglo American plc is one of the world's largest mining companies, is headquartered in the UK and listed on the London and Johannesburg stock exchanges. Anglo American's portfolio of mining businesses spans precious metals and minerals - in which it is a global leader in both platinum and diamonds; base metals - copper and nickel; and bulk commodities - iron ore, metallurgical coal and thermal coal. Anglo American is committed to the highest standards of safety and responsibility across all its businesses and geographies and to making a sustainable difference in the development of the communities around its operations. The company's mining operations and extensive pipeline of growth projects are located in southern Africa, South America, Australia, North America and Asia. www.angloamerican.com
For further information, please contact:
South Africa
Pranill Ramchander, Media Relations
Tel: +27 (0)11 638 2592
This information is provided by RNS