Anglo American refines leadership team

Anglo American has streamlined its leadership team following its demerger with Valterra Platinum.

The move reflects the progress made in simplifying Anglo’s portfolio, including the agreed sales of its steelmaking coal and nickel assets.

“We have made rapid progress with our portfolio simplification and we are on track to complete the strategic reshaping of Anglo American to focus on our world-class positions in copper, premium iron ore and crop nutrients,” Anglo chief executive officer Duncan Wanblad said.

“Reflecting those changes, we are consolidating our production businesses under a chief operating officer, with Ruben Fernandes appointed with effect from July 1.”

It was announced that current Anglo regional director – Africa and Australia Themba Mkhwanazi will step down at the end of June, having overseen the successful demerger of Valterra Platinum.

“We thank Themba Mkhwanazi for his outstanding contribution to Anglo American over the last 11 years in which he also led our thermal coal, Kumba Iron Ore and then our Bulks businesses as a whole,” Wanblad said.

“His passion as a leader to get the very best from his teams is beyond question and we wish him well in his next endeavours.”

Anglo’s executive team, in addition to Wanblad and chief financial officer John Heasley, will comprise the following from July 2:

• chief operating officer Ruben Fernandes
• chief legal and corporate affairs officer Richard Price
• chief people and organisation officer Monique Carter
• chief projects and development officer Alison Atkinson
• chief strategy and sustainability officer Helena Nonka
• chief technical officer Tom McCulley
• chief executive officer De Beers Group Al Cook
• chief executive officer marketing Matt Walker.

Cook will remain on the executive team until the planned separation of De Beers is further advanced.

Nolitha Fakude will continue as Anglo chair in South Africa, reporting to Wanblad and focusing on societal engagement and regional investment.