Anglo American should appoint more South Africans to its board and senior management to reflect its history and where its assets were, Finance Minister Pravin Gordhan said yesterday.
The company said that its American chief executive, Cynthia Carroll, was resigning and would leave once her replacement was found.
Carroll was the first non-South African to lead the company, which in 1999 shifted its headquarters to London from Johannesburg.
“Given the strong roots that they have both in terms of history and in terms of where their profit base is, they should look at a greater South African presence on both their board and at a senior management level. If we are given the opportunity we will certainly express our views on the matter.”
Shares closed 0.8 percent lower at R267.71. – Bloomberg