KUMBA IRON ORE LIMITED - Appointment of director

Release Date: 30/05/2017 16:00
Code(s): KIO
 
Wrap Text
Appointment of director

Kumba Iron Ore Limited
A member of the Anglo American plc group
(Incorporated in the Republic of South Africa)
(Registration number 2005/015852/06)
Share code: KIO
ISIN: ZAE000085346
(“Kumba” or “the Company”)

APPOINTMENT OF DIRECTOR

The Company is pleased to announce the appointment of Mr Sango Ntsaluba as an
independent non-executive director of the Board and Chairman of the Audit
Committee, with effect from 5 June 2017.

Sango has been the executive chairman (and co-founder) of NMT Capital, a diversified
investment holding company, since 2002. He is a founding member of
SizweNtsalubaGobodo, a successful firm of accountants and auditors. He also sits on
the boards of Basil Read Holdings Limited, Pioneer Foods Limited and Barloworld
Limited.

Sango has served on various public sector boards, including currently the National
Housing Finance Corporation (NHFC) and previously, the National Energy Regulator
of South Africa (NERSA).

He holds a BComm degree from the University of Fort Hare, a BCompt (Honours)
degree from the University of South Africa, a Masters in Commerce (Development
Finance) degree from the University of Cape Town and a Higher Diploma in Tax Law
from the University of Johannesburg. Sango is a qualified Chartered Accountant (SA).

Fani Titi, Chairman of the Board, said: “We look forward to welcoming Sango to
Kumba. Sango’s diverse commercial experience, strong business acumen and proven
track record in the auditing and accounting sphere will enrich our board discussions.
We wish Sango great success in his new role.”

This announcement is made in compliance with the JSE Listing Requirements.

Centurion
30th May 2017

Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

For further information, please contact:
Media                                           Investors
Yvonne Mfolo                                    Nerina Bodasing
yvonne.mfolo2@angloamerican.com                 Nerina.bodasing@angloamerican.com
Tel: +27 12 683 7067                            Tel: +27 12 622 8324
Mobile: +27 83 469 4566                         Mobile: +27 82 940 7505

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