Anglo American has appointed Duncan Wanblad as its new CEO, replacing Mark Cutifani who is retiring next year after nine years in the role, the mining conglomerate announced on Wednesday. | Fin24
Duncan Wanblad named new Anglo American CEO as Cutifani to step down after 9 years at the helmIncoming Anglo American CEO Duncan Wanblad. Picture: Supplied
Wanblad, 54, who is the firm's director for strategy and business development, will take up the position in April 2022. The executive started his career at Johannesburg Consolidated Investment Company in 1990, and has held various positions at Anglo. Stuart Chambers, the chair of the Anglo American board said the appointment followed a rigorous global process to identify Cutifani's successor, including those on the company's internal succession plan.
Wanblad, who is a Wits University graduate, is a non-executive director of De Beers and Kumba Iron Ore, and chairs the Anglo American Foundation. Between 2009 and 2013, he served as group director for a unit responsible for a global portfolio of mining and industrial businesses for disposal or turnaround.
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