Johannesburg - Cyril Ramaphosa is stepping down as a non-executive director at Lonmin and as joint chairman of international of Mondi .
Ramaphosa was elected deputy president of the ruling African National Congress in December and said at the time he would be reviewing his various business interests to prevent conflicts with his new political role.
He is to step down from his position as joint chairman of international packaging and paper group Mondi in May.
The group said on Wednesday that following his election as deputy president of South Africa’s ruling African National Congress in December 2012‚ Ramaphosa had reviewed his business commitments and had now advised Mondi that he wished to resign from his positions as joint chairman and as a non-executive director at the Annual General Meetings of Mondi Limited and Mondi plc on 3 May 2013.
“Anne Quinn‚ senior independent director‚ supported by the DLC nominations committee‚ will immediately start the process of seeking a successor to Cyril‚” Mondi said.