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ARCELORMITTAL SOUTH AFRICA LIMITED - ACL - Appointment of Independent Non-Executive Director

Release Date: 12/06/2017 16:38
Code(s): ACL     PDF:  
Wrap Text
ACL - Appointment of Independent Non-Executive Director

ArcelorMittal South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration Number 1989/002164/06)
Share Code: ACL
ISIN: ZAE000134961
(“ArcelorMittal South Africa” or “the Company”)

APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR

In compliance with paragraph 3.59 (a) of the Listings Requirements of the JSE Limited, the Board of
Directors (“Board”) have approved the appointment of Ms Kateba Monica Musonda as independent non-
executive director of the Board and member of Transformation Social and Ethics Committee, with effect from
Monday 12 June 2017.

Ms Musonda is a dual qualified English Solicitor & Zambian Advocate. She holds an LL.B from the University
of Zambia and an LLM in Commercial Law and Finance from the University of London (Queen Mary
College).

Ms Musonda has held senior positions in private practice with Clifford Chance & Edward Nathan as well as
worked as in house corporate counsel at International Finance Corporation and for the Dangote Group. Her
experience working with Aliko Dangote, one of Africa’s most successful entrepreneurs gave her the impetus
to start Java Foods Limited.

Ms Musonda currently serves as non-executive director on the Boards of Airtel Networks Zambia Plc (chair),
Zambia Sugar Plc, Dangote Industries Zambia Limited and sits on the Global Advisory Board for Scaling Up
Nutrition Business Network. She was appointed by the UN Secretary General to be a member of the Lead
Group of the Scaling Up Nutrition Movement. She is the recipient of the 2017 African Agribusiness
Entrepreneur of the Year award, which is an award conferred annually to entrepreneurs who have
demonstrated outstanding achievement in agricultural input and value addition in Africa.

The Board congratulates Ms Musonda on her appointment and look forward to her contribution.

12 June 2017
Vanderbijlpark Works

For further information please contact:
Mr Themba Sepotokele
Manager: Corporate Communications, Corporate Affairs
Tel: (016) 889 2425

Sponsor to ArcelorMittal South Africa Limited
Absa Bank Limited (acting through its Corporate and Investment Banking division)

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