AngloGold Ashanti has announced the addition of two new independent non-executive directors, effective from July 22.
Bruce Cleaver, with his vast commercial and mining knowledge, previously served as the CEO of De Beers Group, a worldwide diamond corporation, from 2016 to the beginning of 2023. He later assumed the position of co-chair of the company, a role he fulfilled until the close of 2023.
Prior to his tenure as CEO of De Beers, Cleaver had been with the company since 2005. Over those 11 years, he served as general counsel and occupied various executive positions in business development and strategy.
As of 1 July 2024, Cleaver took on the role of chair and a non-executive director of Gemfields Group, a gemstone company based in the UK and listed on the Johannesburg Stock Exchange (JSE) and the Alternative Investment Market.
In his role at AngloGold Ashanti, Cleaver will be a part of the audit and risk committee and the social, ethics, and sustainability committee.
Nicky Newton-King, the former CEO of JSE, is also joining the company. Newton-King, a corporate finance and securities regulation lawyer, possesses a wide range of expertise in legal, business, regulatory, capital markets, and sustainability matters.
During her time at JSE, Newton-King played a pivotal role in modernizing the stock exchange through the introduction of the JSE’s socially responsible investment index, the first of its kind worldwide.
Newton-King currently serves as a non-executive director on the board of MTN Group and Investec.
At AngloGold Ashanti, she will be a member of the compensation and human resources committee and the social, ethics, and sustainability committee.
“We are delighted to welcome Nicky and Bruce to the board of AngloGold Ashanti,” said Jochen Tilk, Chair of AngloGold Ashanti.
“Their appointments bring a wealth of executive and leadership experience to the board, along with a diverse range of expertise that includes capital markets, strategy, and commercial insights across both developed and developing markets. Their insights will be invaluable as we continue to generate value for our shareholders.”
