LONDON, UK: Anglo American plc, one of the world’s largest mining companies, has announced a number of changes to its senior management team and to its organisation, to lead the next phase of value delivery.

The changes include the appointment of new executives for some of its key functions and business segments, such as De Beers, Projects & Development, People & Organisation, Strategy & Sustainability, and Legal & Corporate Affairs.

The company has also consolidated its production businesses into two regions: Americas and Africa & Australia, each led by a Regional Director.

Duncan Wanblad, Chief Executive of Anglo American, said: “We are re-organising how we manage our production businesses and the functional expertise that supports them to drive safe and consistent operational excellence and enhanced value.

We are building on the significant progress we have made in recent years to further improve our portfolio of world class assets and deliver our growth potential – in service of our commitments to our shareholders, employees and stakeholders, as a responsible producer of future-enabling metals and minerals.”

He added: “We have been refreshing the executive team steadily over the last 12 months and we welcome this new generation of Anglo American’s leadership. As a team, we are embarking on our next phase of sustainable value creation.”

Stephen Pearce, Finance Director of Anglo American, has indicated his intention to retire during this year, having served in his role since early 2017.

The process to appoint his successor is under way, with a further announcement in due course.Anglo American is a global mining company with a portfolio that spans diamonds, platinum, copper, iron ore, polyhalite and steelmaking coal.

It operates in Africa, Asia, Australia, Europe, North America and South America. It is the world’s largest producer of platinum, with around 40% of world output, as well as being a major producer of diamonds, copper, nickel, iron ore and polyhalite.

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