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Terence Goodlace

Chairman

Terence Goodlace

Chairman

HND (Metalliferous Mining), B Comm, MBA, 61

Terence joined the Kumba board on 1 November 2016. He was appointed as the Chairman of the Kumba Board in June 2021.  He is a member of the social, ethics and transformation committee and the human resources and remuneration committee, and chair of the strategy and investment committee. His mining career commenced in 1977, and has spanned more than 40 years.

In addition to his role at Kumba Iron Ore Limited, he is also an independent non-executive director at Gold Fields Limited, AfriTin Mining Limited and chairperson of Southern Palladium Limited. He spent the majority of his career at Gengold (merged with Gold Fields South Africa to become Gold Fields Limited in 1998) and he progressed from being a miner through to becoming the Chief Operating Officer in 2008. For five years during this time he was responsible for creating, implementing and facilitating the strategic and operational planning processes and outcomes for all group operations. This included executive responsibility for Group Mineral Resource Management, Environmental Management and Sustainable Development. He then spent three years as the Chief Executive Officer of Metorex Limited and served on the Impala Platinum Holdings Limited Board for two years as an independent non-executive director and four and a half years as the Chief Executive Officer. He has significant experience in leading underground and open-pit operations in Africa, South America and Australia.

Mary Bomela

Independent non-executive director

Mary Bomela

Independent non-executive director

MBA, CA (SA), 47

Mary joined the Kumba board on 1 December 2017 as an independent non-executive director. She is the Chief Executive Officer of the Mineworkers Investment Company (MIC). She currently serves on the boards of Primedia Proprietary Limited, FirstRand Group Limited, Metrofi e Holdings Limited, Peermont Global Holdings and Ascendis Health.

Michelle Jenkins

Independent Non-Executive Director

Michelle Jenkins

Independent Non-Executive Director

Honours Degree in Geology and Bachelor of Accounting Science (Honours) 60

Michelle joined the Kumba board on 1 November 2019 as a non-executive director. She is a chartered accountant with over 20 years’ experience in exploration and mining, with an Honours Degree in Geology from the University of the Witwatersrand and Bachelor of Accounting Science (Honours) from the University of South Africa. Michelle has substantial experience working as a geologist prior to joining KPMG’s mining group as a chartered accountant. Michelle has held the role of Chief Financial Officer/ Financial Director with a number of exploration and mining companies throughout Africa. Michelle provides financial and commercial leadership and with experience in multiple jurisdictions, has been involved in operating resources ventures and has been instrumental in start-ups, corporate acquisitions and disposals. Michelle offers a wealth of knowledge in resource industry risk management and mitigation and strategic leadership. Most recently, Michelle was the Chief Financial Officer of Taurus Gold with gold assets in West Africa. Michelle was also Financial Director of Duration Gold with assets in Zimbabwe as well as director within the Clarity Capital Group, a private investment and advisory services company. Prior to that, Michelle was an executive director of Pangea Exploration. She serves on the boards of Prieska Copper Zinc Mine (Pty) Ltd and Shanta Gold plc.

Nompumelelo (Mpumi) Zikalala

CEO of Kumba Iron Ore

Nompumelelo (Mpumi) Zikalala

CEO of Kumba Iron Ore

BSc (Chemical Engineering) Wits University (43)

Mpumi was appointed Chief Executive Officer of Kumba Iron Ore Limited with effect from 1 January 2022 and joined the Kumba Board as an executive director. She will assume the role of Chairman of the operating entity, Sishen Iron Ore Company (Pty) Ltd.

Mpumi is a former De Beers Group bursar and officially joined De Beers in 2001 as a process engineer. As part of her production journey, she worked on process improvement and plant design projects, she also worked in various leadership levels within production management. She was appointed General Manager at De Beers Kimberley Mines in 2007, becoming the first female General Manager in the De Beers Group. In 2010, she was appointed General Manager of De Beers Voorspoed mine and three and a half years later became Senior Vice-President of De Beers Sightholder Sales South Africa.

Mpumi was promoted to Deputy CEO of De Beers Consolidated Mines in November 2017, rising to the position of Managing Director, De Beers Group Managed Operations, in April 2019. Managed Operations includes De Beers Group's operations in South Africa and Canada.

Mpumi holds a BSc in chemical engineering from the University of the Witwatersrand and completed leadership development at the London Business School.

Mpumi previously served as a non-executive director of various companies including the Black Management Forum and Mintek. She was a winner of the 2018 Top 100 Global Inspirational Women in Mining, awarded in Mayfield, London.

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Nomalizo Langa-Royds

Independent non-executive director

Nomalizo Langa-Royds

Independent non-executive director

BA (Law), BA (Hons), 58

Nomalizo joined the Kumba board on 1 December 2017 and chairs the human resources and remuneration committee. She also serves as a non-executive director on the boards of Murray and Roberts (Pty) Ltd, Mpact Ltd, Redefine Properties Ltd and Europ Assist SA Worldwide Service SA. She is a member of the King Commission’s Remuneration Committee and a Trustee of the Institute of Healing of Memories (IHOM).

Bothwell Mazarura

Chief Financial Officer and Executive Director

Bothwell Mazarura

Chief Financial Officer and Executive Director

Bachelor of Accounting Science Degree from the University of South Africa, accredited Chartered Accountant in three jurisdictions – England and Wales, South Africa and Zimbabwe. (47)

Bothwell was appointed at Kumba Iron Ore on 1 September 2017. He served as Chief Financial Officer and Executive Director at Wescoal Holdings Limited since July 2016. He previously held various senior financial roles at Lonmin Plc since 2010. These include Group Head of Finance, Head of Treasury and Acting Chief Financial Officer. Prior to Lonmin Plc, he held a position as a Partner at Deloitte & Touche since 2002. During his tenure at Deloitte & Touche he also spent some time working in the United Kingdom.

Themba Mkhwanazi

Non-Executive Director

Themba Mkhwanazi

Non-Executive Director

Member of:

The Anglo American Group Management Committee

Themba joined the Kumba board in 2016 as an executive director, following his appointment as the Chief Executive Officer of Anglo American’s Bulk Commodities business with effect from 1 January 2022, he now serves as a non-executive director on the Kumba Board. In his role as the Chief Executive Officer of Anglo American’s Bulk Commodities business, Themba is responsible for Anglo American’s coal and iron ore interests globally. Themba is also a member of the Anglo American Group Management Committee (GMC).

Themba held the position of CEO of Kumba Iron Ore from September 2016 to 31 December 2021. He was also the CEO of Anglo American’s coal business in South Africa from May 2014 to 1 September 2016. He previously held the position of Rio Tinto’s regional general manager for America, responsible for delivering technical and operational improvements across Rio Tinto’s businesses in the region.

Themba has held a number of senior roles within the resources industry, including COO of Richards Bay Minerals where he was responsible for mining, smelting and processing operations. Prior to that, he was a managing director with the Huntsman Corporation in South Africa.

His full list of positions have included process engineer at Sasol; shift plant manager, business improvement senior coach, plant manager, area manager and MD of Huntsman Tioxide; COO Richards Bay Minerals; and GM expansion support and regional GM technology and innovation at Rio Tinto.

He also serves as a non-executive director on the board of Aspen Pharmacare Holdings Limited.

Themba holds a Bachelor of Engineering (Hons) in Chemical Engineering.

Sango Ntsaluba

Independent non-executive director

Sango Ntsaluba

Independent non-executive director

BCompt (Honours), MComm (Development Finance), Higher Diploma in Tax Law, Chartered Accountant (SA) – 60

Sango joined the Kumba board on 5 June 2017 and is the chairman of the audit committee. He has been the executive chairperson (and co-founder) of NMT Capital, a diversified investment holding company, since 2002. He is a founding member of SizweNtsalubaGobodo and sits on the boards of Ascendis Health Limited and Anglo Coal SA.

Sango has served on various public sector boards, including currently the National Energy Regulator of South Africa (NERSA) and the National Housing Finance Corporation (NHFC).

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Buyelwa P Sonjica

Independent Non-Executive Director

Buyelwa P Sonjica

Independent Non-Executive Director

BA, BA (Hons), 70

Buyelwa joined the Kumba board on 1 June 2012 and chairs the social, ethics and transformation committee. She is a former Minster of Water and Environmental Affairs,  and Minerals and Energy, and Deputy Minister of Arts, Culture, Science and Technology with the cabinet  of the government of South Africa. She previously chaired the Parliamentary Select Committee on childcare facilities and the portfolio committee on water and forestry. She has also served as a member in the parliamentary portfolio committees of finance and the trade and industry committees.

Josephine Tsele

Non-Executive Director

Josephine Tsele

Non-Executive Director

BCom (Hons) Economics and Government (52)

Josephine joined the Kumba board on 30 April 2021. She currently fulfils the role of Chief Risk Officer at the Industrial Development Corporation (“IDC”), responsible for enterprise-wide risk management. She has extensive experience in the banking sector having occupied various roles in the risk management divisions of a number of top South African investment banks and development finance institutions. Josephine has diverse experience in key sectors of the economy namely power, infrastructure, construction, mining, FMCG and ICT. Furthermore, she has experience in country risk management, structured trade and bank counterparty assessments.

Duncan Wanblad

Non-Executive Director

Duncan Wanblad

Non-Executive Director

BSc (Eng) Mech and GDE (Eng Management), 53

Duncan joined the Kumba board on 31 May 2019 as a non-executive director, representing the Anglo American Group. He is the Group Director – Strategy and Business Development and is a member of the Group Management Committee (GMC). Duncan led Anglo American’s Base Metals business as CEO from 2013 to 2019 and took on the Strategy and Business Development portfolio in 2016. Between 2009 and 2013 he held the position of Group Director – Other Mining and Industrial. He was appointed joint interim CEO of Anglo American Platinum in 2007 (having served on the board since 2004), before taking over as CEO of Anglo American’s Copper operations in 2008. Duncan began his career at Johannesburg Consolidated Investment Company Limited in 1990.

Close

Terence Goodlace

Chairman

Terence Goodlace

Chairman

HND (Metalliferous Mining), B Comm, MBA, 61

Terence joined the Kumba board on 1 November 2016. He was appointed as the Chairman of the Kumba Board in June 2021.  He is a member of the social, ethics and transformation committee and the human resources and remuneration committee, and chair of the strategy and investment committee. His mining career commenced in 1977, and has spanned more than 40 years.

In addition to his role at Kumba Iron Ore Limited, he is also an independent non-executive director at Gold Fields Limited, AfriTin Mining Limited and chairperson of Southern Palladium Limited. He spent the majority of his career at Gengold (merged with Gold Fields South Africa to become Gold Fields Limited in 1998) and he progressed from being a miner through to becoming the Chief Operating Officer in 2008. For five years during this time he was responsible for creating, implementing and facilitating the strategic and operational planning processes and outcomes for all group operations. This included executive responsibility for Group Mineral Resource Management, Environmental Management and Sustainable Development. He then spent three years as the Chief Executive Officer of Metorex Limited and served on the Impala Platinum Holdings Limited Board for two years as an independent non-executive director and four and a half years as the Chief Executive Officer. He has significant experience in leading underground and open-pit operations in Africa, South America and Australia.

Mary Bomela

Independent non-executive director

Mary Bomela

Independent non-executive director

MBA, CA (SA), 47

Mary joined the Kumba board on 1 December 2017 as an independent non-executive director. She is the Chief Executive Officer of the Mineworkers Investment Company (MIC). She currently serves on the boards of Primedia Proprietary Limited, FirstRand Group Limited, Metrofi e Holdings Limited, Peermont Global Holdings and Ascendis Health.

Close

Michelle Jenkins

Independent Non-Executive Director

Michelle Jenkins

Independent Non-Executive Director

Honours Degree in Geology and Bachelor of Accounting Science (Honours) 60

Michelle joined the Kumba board on 1 November 2019 as a non-executive director. She is a chartered accountant with over 20 years’ experience in exploration and mining, with an Honours Degree in Geology from the University of the Witwatersrand and Bachelor of Accounting Science (Honours) from the University of South Africa. Michelle has substantial experience working as a geologist prior to joining KPMG’s mining group as a chartered accountant. Michelle has held the role of Chief Financial Officer/ Financial Director with a number of exploration and mining companies throughout Africa. Michelle provides financial and commercial leadership and with experience in multiple jurisdictions, has been involved in operating resources ventures and has been instrumental in start-ups, corporate acquisitions and disposals. Michelle offers a wealth of knowledge in resource industry risk management and mitigation and strategic leadership. Most recently, Michelle was the Chief Financial Officer of Taurus Gold with gold assets in West Africa. Michelle was also Financial Director of Duration Gold with assets in Zimbabwe as well as director within the Clarity Capital Group, a private investment and advisory services company. Prior to that, Michelle was an executive director of Pangea Exploration. She serves on the boards of Prieska Copper Zinc Mine (Pty) Ltd and Shanta Gold plc.

Nompumelelo (Mpumi) Zikalala

CEO of Kumba Iron Ore

Nompumelelo (Mpumi) Zikalala

CEO of Kumba Iron Ore

BSc (Chemical Engineering) Wits University (43)

Mpumi was appointed Chief Executive Officer of Kumba Iron Ore Limited with effect from 1 January 2022 and joined the Kumba Board as an executive director. She will assume the role of Chairman of the operating entity, Sishen Iron Ore Company (Pty) Ltd.

Mpumi is a former De Beers Group bursar and officially joined De Beers in 2001 as a process engineer. As part of her production journey, she worked on process improvement and plant design projects, she also worked in various leadership levels within production management. She was appointed General Manager at De Beers Kimberley Mines in 2007, becoming the first female General Manager in the De Beers Group. In 2010, she was appointed General Manager of De Beers Voorspoed mine and three and a half years later became Senior Vice-President of De Beers Sightholder Sales South Africa.

Mpumi was promoted to Deputy CEO of De Beers Consolidated Mines in November 2017, rising to the position of Managing Director, De Beers Group Managed Operations, in April 2019. Managed Operations includes De Beers Group's operations in South Africa and Canada.

Mpumi holds a BSc in chemical engineering from the University of the Witwatersrand and completed leadership development at the London Business School.

Mpumi previously served as a non-executive director of various companies including the Black Management Forum and Mintek. She was a winner of the 2018 Top 100 Global Inspirational Women in Mining, awarded in Mayfield, London.

Close

Nomalizo Langa-Royds

Independent non-executive director

Nomalizo Langa-Royds

Independent non-executive director

BA (Law), BA (Hons), 58

Nomalizo joined the Kumba board on 1 December 2017 and chairs the human resources and remuneration committee. She also serves as a non-executive director on the boards of Murray and Roberts (Pty) Ltd, Mpact Ltd, Redefine Properties Ltd and Europ Assist SA Worldwide Service SA. She is a member of the King Commission’s Remuneration Committee and a Trustee of the Institute of Healing of Memories (IHOM).

Bothwell Mazarura

Chief Financial Officer and Executive Director

Bothwell Mazarura

Chief Financial Officer and Executive Director

Bachelor of Accounting Science Degree from the University of South Africa, accredited Chartered Accountant in three jurisdictions – England and Wales, South Africa and Zimbabwe. (47)

Bothwell was appointed at Kumba Iron Ore on 1 September 2017. He served as Chief Financial Officer and Executive Director at Wescoal Holdings Limited since July 2016. He previously held various senior financial roles at Lonmin Plc since 2010. These include Group Head of Finance, Head of Treasury and Acting Chief Financial Officer. Prior to Lonmin Plc, he held a position as a Partner at Deloitte & Touche since 2002. During his tenure at Deloitte & Touche he also spent some time working in the United Kingdom.

Close

Themba Mkhwanazi

Non-Executive Director

Themba Mkhwanazi

Non-Executive Director

Member of:

The Anglo American Group Management Committee

Themba joined the Kumba board in 2016 as an executive director, following his appointment as the Chief Executive Officer of Anglo American’s Bulk Commodities business with effect from 1 January 2022, he now serves as a non-executive director on the Kumba Board. In his role as the Chief Executive Officer of Anglo American’s Bulk Commodities business, Themba is responsible for Anglo American’s coal and iron ore interests globally. Themba is also a member of the Anglo American Group Management Committee (GMC).

Themba held the position of CEO of Kumba Iron Ore from September 2016 to 31 December 2021. He was also the CEO of Anglo American’s coal business in South Africa from May 2014 to 1 September 2016. He previously held the position of Rio Tinto’s regional general manager for America, responsible for delivering technical and operational improvements across Rio Tinto’s businesses in the region.

Themba has held a number of senior roles within the resources industry, including COO of Richards Bay Minerals where he was responsible for mining, smelting and processing operations. Prior to that, he was a managing director with the Huntsman Corporation in South Africa.

His full list of positions have included process engineer at Sasol; shift plant manager, business improvement senior coach, plant manager, area manager and MD of Huntsman Tioxide; COO Richards Bay Minerals; and GM expansion support and regional GM technology and innovation at Rio Tinto.

He also serves as a non-executive director on the board of Aspen Pharmacare Holdings Limited.

Themba holds a Bachelor of Engineering (Hons) in Chemical Engineering.

Sango Ntsaluba

Independent non-executive director

Sango Ntsaluba

Independent non-executive director

BCompt (Honours), MComm (Development Finance), Higher Diploma in Tax Law, Chartered Accountant (SA) – 60

Sango joined the Kumba board on 5 June 2017 and is the chairman of the audit committee. He has been the executive chairperson (and co-founder) of NMT Capital, a diversified investment holding company, since 2002. He is a founding member of SizweNtsalubaGobodo and sits on the boards of Ascendis Health Limited and Anglo Coal SA.

Sango has served on various public sector boards, including currently the National Energy Regulator of South Africa (NERSA) and the National Housing Finance Corporation (NHFC).

Close

Buyelwa P Sonjica

Independent Non-Executive Director

Buyelwa P Sonjica

Independent Non-Executive Director

BA, BA (Hons), 70

Buyelwa joined the Kumba board on 1 June 2012 and chairs the social, ethics and transformation committee. She is a former Minster of Water and Environmental Affairs,  and Minerals and Energy, and Deputy Minister of Arts, Culture, Science and Technology with the cabinet  of the government of South Africa. She previously chaired the Parliamentary Select Committee on childcare facilities and the portfolio committee on water and forestry. She has also served as a member in the parliamentary portfolio committees of finance and the trade and industry committees.

Josephine Tsele

Non-Executive Director

Josephine Tsele

Non-Executive Director

BCom (Hons) Economics and Government (52)

Josephine joined the Kumba board on 30 April 2021. She currently fulfils the role of Chief Risk Officer at the Industrial Development Corporation (“IDC”), responsible for enterprise-wide risk management. She has extensive experience in the banking sector having occupied various roles in the risk management divisions of a number of top South African investment banks and development finance institutions. Josephine has diverse experience in key sectors of the economy namely power, infrastructure, construction, mining, FMCG and ICT. Furthermore, she has experience in country risk management, structured trade and bank counterparty assessments.

Close

Duncan Wanblad

Non-Executive Director

Duncan Wanblad

Non-Executive Director

BSc (Eng) Mech and GDE (Eng Management), 53

Duncan joined the Kumba board on 31 May 2019 as a non-executive director, representing the Anglo American Group. He is the Group Director – Strategy and Business Development and is a member of the Group Management Committee (GMC). Duncan led Anglo American’s Base Metals business as CEO from 2013 to 2019 and took on the Strategy and Business Development portfolio in 2016. Between 2009 and 2013 he held the position of Group Director – Other Mining and Industrial. He was appointed joint interim CEO of Anglo American Platinum in 2007 (having served on the board since 2004), before taking over as CEO of Anglo American’s Copper operations in 2008. Duncan began his career at Johannesburg Consolidated Investment Company Limited in 1990.

Close