AngloGold Ashanti plc makes board committee changes

AngloGold Ashanti plc has announced changes to the membership of its Board with effect from January 1, 2025.

It said for the Audit and Risk Committee, the members are: Alan Ferguson as Chair; Kojo Busia; Bruce Cleaver; Rhidwaan Gasant; Al Garner; Jinhee Magie; and Diana Sands.

The Compensation and Human Resources Committee will comprise Al Garner as Chair; Alan Ferguson; Rhidwaan Gasant; Nicky Newton-King; and Diana Sands; while the Nominations and Governance Committee will have; Jochen Tilk  as Chair with; Rhidwaan Gasant; Alan Ferguson; Al Garner; and Diana Sands as members.

The Social, Ethics and Sustainability Committee has Bruce Cleaver, Chair with Kojo Busia; Rhidwaan; Gasant; Jinhee Magie; and Nicky Newton-King as member

According to the leding gold miner, “In addition, Rhidwaan Gasant, Lead Independent Director, has informed the company that he will not stand for re-appointment at the company’s annual general Meeting in May 2025 and will therefore retire as a non-executive director from the conclusion of the meeting.

Appreciation

“On behalf of the board, I would like to thank Mr Rhidwaan for the significant contribution he has made to AngloGold Ashanti over his tenure as director, and in particular as Lead Independent Director,” Chairman of the company, Jochen Tilk said adding that; “We wish him all the very best in his future endeavours."

He said “the Board of Directors is pleased to appoint Alan Ferguson as Lead Independent Director from this date.

Alan Ferguson will step down as the Audit and Risk Committee Chair from the conclusion of the 2025 AGM but will continue to serve as a member of the Committee. Diana Sands will succeed Mr Ferguson as Chair of the Audit and Risk Committee,” he said.

Meanwhile, the release said all appointments are subject to the directors’ re-appointment by shareholders at the next AGM.