Kumba Iron Ore announces the resignation of Chris Griffith and the appointment of Norman Mbazima as CEO and executive director of the Company
The board of Kumba Iron Ore Limited("Kumba")announces the resignation of Chris Griffith and the appointment of Norman Mbazima as CEO and executive director of the Company,effective 1 September 2012,following the appointment of Chris Griffith as CEO of Anglo American Platinum Limited.
Mr Mbazima has been CEO of Anglo American's Thermal Coal business since 2009 and was previously the CEO of Scaw Metals and joint acting CEO and CFO of the Platinum business.
Allen Morgan,Chairman of Kumba Iron Ore,said:"I am delighted to welcome Norman Mbazima to Kumba at this exciting stage in the Company's strategic journey.Norman brings a wealth of experience across a number of mining businesses,from copper and platinum to coal.Norman has an intimate knowledge of the South African mining landscape and of our key logistics partners and this will help him build on the great success at Kumba led by Chris Griffith.I would like to thank Chris for his impeccable leadership over the last four years and wish him all the very best as he takes on his next challenge at Anglo American Platinum."
Norman Mbazima said:"Kumba is a South African success story and I look forward to continuing to drive the Company's growth strategy for the benefit of all its stakeholders.I have thoroughly enjoyed my three years at the helm of Anglo American's Thermal Coal business.I am particularly proud of the contribution we have made to securing South Africa's electricity needs,through our successful collaboration with Eskom.I wish Godfrey,the executive team and all the employees of the Thermal Coal business every success."
Chris Griffith said:"It has been a great privilege to have served as Kumba's CEO and I have enjoyed the experience enormously.Together,as the Kumba team,we have achieved many milestones and have set up South Africa's largest iron ore producer for the next stage in its growth journey.I know that the Kumba team will support Norman the way they have supported me,and I wish him and the Kumba team well for the future."
