Fakude, Mkhwanazi, Daley step down as Amplats nonexec directors
Nolitha Fakude, Themba Mkhwanazi and Matt Daley have stepped down as nonexecutive directors of Anglo American Platinum (Amplats) and consequently from the board committees they serve on, with effect from March 19.
"Their decision to step down is a further and necessary step in preparation for the company’s demerger from Anglo American, aimed at promoting greater independence within the board and ensuring that the company can navigate this transitional phase with a more autonomous governance structure," the platinum group metals miner points out.
Following the resignations, the company’s board will comprise 11 directors.
"The board thanks Nolitha, Themba and Matt for their outstanding contributions during their tenure," Amplats states.
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