BusinessLive reports that precious metals producer AngloGold Ashanti announced on Friday that the chair of its board, Maria Ramos, would not stand for re-election at its annual meeting on 28 May.

A former CEO of Transnet and Absa, Ramos served as director of AngloGold Ashanti since June 2019 and as chair since December 2020. The board has chosen Jochen Tilk, an independent non-executive director since January 2019, to take over from Ramos, subject to his re-election at the AGM. AngloGold, which exited SA in 2020, operates mines in the rest of Africa, Australia and the Americas. The group also announced that Maria Richter, a nonexecutive director of the board since January 2015 has also elected not to stand for re-election at the AGM in May. Subject to his re-election at the AGM, Albert Garner has been appointed to replace Richter as chair of the compensation and human resources committee.

• Read the full original of the report in the above regard by Denene Erasmus at BusinessLive

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