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“The fundamental demand outlook for responsibly sourced metals and minerals is ever more compelling. I believe that we are well positioned to produce and grow into the two major demand trends of economic decarbonization and the needs of a growing and urbanizing global population – from homes and electronics to food and luxuries. The changes we have announced create the senior team and organizational structure that I believe will lead us to deliver our full potential.”
Duncan Wanblad,
Chief Executive,
Anglo American.
Anglo-American unveils significant changes to its senior management team and organizational structure.
According to Duncan Wanblad, Chief Executive of Anglo American, the company is undergoing a reorganization aimed at effectively managing production businesses and enhancing operational excellence, safety, and value creation. These changes build upon the substantial progress made in recent years, further improving the portfolio of world-class assets and unlocking growth potential. Anglo-American aims to fulfill its commitments to shareholders, employees, and stakeholders as a responsible producer of essential metals and minerals.
Over the past 12 months, the executive team has undergone a gradual refresh, welcoming a new generation of leaders. Together, they embark on the next phase of sustainable value generation.
Several key appointments have been made, including Al Cook as CEO of De Beers, Alison Atkinson as Projects & Development Director, and Monique Carter as People & Organisation Director. Additionally, Helena Nonka will lead the combined Strategy & Sustainability team, demonstrating the company’s unwavering dedication to sustainability. Richard Price will lead the combined Legal & Corporate Affairs team, reinforcing an integrated approach to reputation management and supporting strategic delivery and business performance.
Stephen Pearce will continue leading the Finance team but has expressed his intention to retire later this year. The process to select his successor is currently underway. Anglo American will announce the chosen candidate in due course.
To streamline operations, Anglo-American production businesses will be consolidated into two regions: Americas and Africa & Australia. Each region will be headed by a Regional Director responsible for safe and responsible operations, optimizing performance, and maximizing commercial value in line with the company’s strategy. The Regional Directors will ensure effective functional support and service delivery to operations in each country.
Newly appointed Anglo-American Regional Directors: Themba Mkhwanazi and Ruben Fernandes
Photo Credit: Anglo-American
The appointed Regional Directors are Ruben Fernandes for the Americas region and Themba Mkhwanazi for the Africa & Australia region. Furthermore, the leadership team includes Tom McCulley as CEO of Crop Nutrients, Peter Whitcutt as CEO of Marketing, and Al Cook as CEO of De Beers.
The new organizational structure supporting the group’s governance, strategic delivery, and production businesses is as follows:
- Finance Director: Stephen Pearce (retiring in 2023)
- Technical & Operations Director: Matt Daley
- Projects & Development Director: Alison Atkinson
- Strategy & Sustainability Director: Helena Nonka
- Legal & Corporate Affairs Director: Richard Price
- People & Organisation Director: Monique Carter (commencing role on 5 June)
Duncan Wanblad acknowledged the long service and personal circumstances of certain senior executives leading to these changes. Anik Michaud, who played a vital role in shaping the brand, sustainability, and thought leadership, has decided to pursue her career outside of Anglo-American after 15 years. Didier Charreton, who significantly contributed to the company’s people strategy and fostering inclusivity and diversity, has chosen to retire after nearly eight years of service. Their immense contributions were acknowledged and appreciated.
Nolitha Fakude, who skillfully led strategic interests in South Africa for the past four years and served as a non-executive director on the Board, will continue as Chair of the management board in South Africa. She will also spearhead various special projects of national importance while advising and supporting Duncan Wanblad and Themba Mkhwanazi in his new role. The company expressed gratitude for her ongoing contribution.
Duncan Wanblad concluded by highlighting the compelling demand outlook for responsibly sourced metals and minerals. Anglo-American aims to position itself as a leading producer that meets the demands of economic decarbonization and the growing global population’s needs across various sectors. The announced changes in leadership and organizational structure aim to unlock the company’s full potential.
The above-mentioned organizational changes will take effect from 1 July 2023.
The CEOs of Anglo-American businesses in Brazil (iron ore and nickel), Chile (copper), and Peru (copper) will report via the Regional Director, Americas. The CEOs of Anglo American’s PGMs business, Kumba Iron Ore and Australia (steelmaking coal) will report via the Regional Director, Africa & Australia.