Anglo’s Mkhwanazi Named Kumba Iron Ore CEO Ahead of Sale
- Mkhwanazi replaces Mbazima, who steps down after four years
- Platinum executive Ndlovu becomes Anglo South Africa coal CEO
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Anglo American Plc named Themba Mkhwanazi as chief executive officer of Kumba Iron Ore Ltd., switching him from head of its South African coal unit as the London-based miner prepares to divest both units.
Mkhwanazi, 46, takes over on Sept. 1 from Norman Mbazima, who’s stepping down after four years and will remain deputy chairman of Anglo American’s South African division, the London-based company said in a statement Tuesday. Mbazima, 58, will oversee the sale of Anglo’s non-core assets in South Africa including its coal mines and Kumba.