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Kumba - changes to the board
The board of Kumba Iron Ore Ltd. announced a leadership transition as Chief Financial Officer (CFO), Bothwell Mazarura will be stepping down from his role as Chief Financial Officer and Executive Director to pursue other interests, after close on eight years of distinguished service since his appointment in September 2017. He will also step down as a member of the Social, Ethics and Transformation Committee and the Strategy and Investment Committee. Bothwell will continue to serve as CFO and Executive Director during his notice period of up to six months until 31 December 2025 and will ensure a smooth transition.
Kumba announced that Xolani Mbambo, currently CEO of Grindrod Ltd. ("Grindrod"), will assume the role of Chief Financial Officer and Executive Director from 01 January 2026 and will serve on the Social, Ethics and Transformation Committee and the Strategy and Investment Committee.
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