Cham­bers to be next An­glo chair­per­son

The Star Early Edition - - COMPANIES - ANA

AN­GLO Amer­i­can has ap­pointed Bri­tish busi­ness­man, Stu­art Cham­bers, as its next chair­per­son to suc­ceed Sir John Parker later this year.

Parker an­nounced in Fe­bru­ary his in­ten­tion to step down dur­ing the course of the year af­ter serv­ing eight years as chair­per­son. Cham­bers was chair­per­son of ARM Hold­ings and of Rexam un­til 2016. In re­cent years, Cham­bers has served as a non-ex­ec­u­tive di­rec­tor on the boards of Smiths Group and Tesco, among oth­ers, fol­low­ing an ex­ec­u­tive ca­reer at Nip­pon Sheet Glass, Mars Cor­po­ra­tion and Shell, where he be­gan his ca­reer as a chem­i­cal engi­neer.

He will join the An­glo Amer­i­can board as a non-ex­ec­u­tive di­rec­tor and chair­per­son des­ig­nate on Sep­tem­ber 1 and will be­come chair­per­son on Novem­ber 1. Parker lauded Cham­bers’ ex­pe­ri­ence and achieve­ments as an ex­ec­u­tive. “Cham­bers’ breadth of global ex­ec­u­tive ex­pe­ri­ence, in ad­di­tion to chair­ing two FTSE100 com­pa­nies and serv­ing on the board of sev­eral other in­ter­na­tional com­pa­nies across the in­dus­trial, lo­gis­tics and con­sumer sec­tors over the last 15 years, stands him in ex­cel­lent stead.” Cham­bers said he was hon­oured to be ap­pointed chair­per­son of a multi-na­tional re­source group as iconic as An­glo Amer­i­can, in this its cen­te­nary year. “An­glo Amer­i­can has emerged from the com­mod­ity price down­turn more re­silient and with a re­newed sense of pur­pose, both strate­gi­cally and in terms of the role it plays in so­ci­ety,” Cham­bers said.

“I am look­ing for­ward to work­ing with the board and the ex­ec­u­tive team led by Mark Cu­ti­fani to en­sure that An­glo Amer­i­can con­tin­ues to go from strength to strength.” An­glo Amer­i­can chief ex­ec­u­tive, Cu­ti­fani, said he was look­ing for­ward to work­ing with Cham­bers. Cu­ti­fani also thanked Parker for chair­ing the miner “through chal­leng­ing times with his trade­mark even hand”.

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