Kumba Iron Ore announces that Mr Allen Morgan has decided to step down as an independent non-executive director at, and with effect from, the Company’s forthcoming AGM on 11 May 2018, after serving for twelve years on Kumba’s Board.
During his tenure, Morgan has chaired the Human Resources and Remuneration committees, while also serving as a member of the Audit Committee, Risk and Opportunities Committee, Social, Ethics and Transformation Committee, and the Nominations and Governance Committee.
“I sincerely thank Allen for his dedication and commitment in discharging his duties over many years. He has contributed immensely to the successful turnaround of Kumba. On behalf of the Board and Kumba as a whole, I wish Allen the very best in his future endeavours,” says Dr Mandla Gantsho, Kumba Chairman.
Kumba will announce a new successor as lead Independent Director and Chairman of the Human Resources and Remuneration Committee in due course.