Anglo American announces Duncan Wanblad to its Board of Directors as next CEO

– UK, London –  Anglo American plc (LON: AAL) today announced the appointment of Duncan Wanblad to its Board of Directors as Chief Executive, with effect at AGM to be held on 19 April 2022, to succeed Mark Cutifani who will retire and step down from the Board at the AGM.

“Duncan Wanblad is the standout and natural successor to Mark Cutifani, bringing his 30 years of international mining experience and deep understanding of Anglo American, its culture and its context. In both executive and non-executive roles spanning most of Anglo American’s businesses, Duncan has been integral to shaping the strong competitive position of the company today, “said Board Chairman, Stuart Chambers.

He added: “The Board felt that Duncan is uniquely qualified to take Anglo American on the next phase of improvement and to deliver what is one of the industry’s leading growth stories. On behalf of the Board, we congratulate Duncan on his appointment as Chief Executive.”

About Duncan Wanblad

Duncan Wanblad, age 54, was appointed Group Director – Strategy and Business Development in 2016, also serving as CEO of Anglo American’s Base Metals business from 2013 to 2019. He is a non-executive director of De Beers and Kumba Iron Ore and chairs the Anglo American Foundation. Between 2009 and 2013, Duncan held the position of Group Director – Other Mining and Industrial, responsible for a global portfolio of mining and industrial businesses for disposal or turnaround to maximize shareholder value. He was appointed CEO of Anglo American’s Copper operations in 2008, before which he served as joint interim CEO of Anglo American Platinum from 2007 (having served on the board since 2004). From 2004 to 2007, Duncan was Executive Director of Projects and Engineering at Anglo American Platinum. Duncan began his career at Johannesburg Consolidated Investment Company in 1990.

Duncan Wanblad said: “I am honoured that the Board has given me the opportunity to lead this great company and our wonderful colleagues around the world. Having started my career underground as a junior engineer, I have never lost sight of what it takes to produce the metals and minerals that are ever more vital to support our life on this planet. Our responsibility to do so safely and sustainably, including meeting our employees’ and stakeholders’ expectations of us, has never been greater. Through the way we work, the technologies we are deploying to drive us towards our sustainability goals, and the breadth of opportunities I can see, we are determined to live up to that promise.”

He holds a BSc in Mechanical Engineering and a GDE in Industrial Engineering, both from the University of Witwatersrand, South Africa.

About Anglo American

Anglo American is a leading global mining company and our products are the essential ingredients in almost every aspect of modern life. Our portfolio of world-class competitive operations, with a broad range of future development options, provides many of the future-enabling metals and minerals for a cleaner, greener, more sustainable world and that meets the fast-growing everyday demands of billions of consumers. With our people at the heart of our business, we use innovative practices and the latest technologies to discover new resources and to mine, process, move and market our products to our customers – safely and sustainably.

As a responsible producer of diamonds, copper, platinum group metals, premium quality iron ore, and metallurgical coal for steelmaking, and nickel – with crop nutrients in development – we are committed to being carbon neutral across our operations by 2040. More broadly, our Sustainable Mining Plan commits us to a series of stretching goals to ensure we work towards a healthy environment, creating thriving communities, and building trust as a corporate leader. We work together with our business partners and diverse stakeholders to unlock enduring value from precious natural resources for the benefit of the communities and countries in which we operate, for society as a whole, and our shareholders. Anglo American is re-imagining mining to improve people’s lives.

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