Angloplat names Phaswana chairman

NEW BOSS: Fred Phaswana. Pic. Elizabeth Sejake. © Sunday Times.
NEW BOSS: Fred Phaswana. Pic. Elizabeth Sejake. © Sunday Times.

Anglo Platinum has appointed Fred Phaswana to succeed Barry Davison as chairman from the end of the year, the company said yesterday.

Anglo Platinum has appointed Fred Phaswana to succeed Barry Davison as chairman from the end of the year, the company said yesterday.

Phaswana, 61, is on the board of Anglo American. He is chairman of Anglo American South Africa, state logistics group Transnet and Ethos Private Equity, and is also a non-executive director of media firm Naspers.

"The position comes at an exciting time when Anglo's performance is strong and the company has an impressive pipeline of new projects," he said.

Phaswana previously worked for BP in Africa and Europe and was the BP regional president for Africa from 1999 to 2002. Former positions include director of BP Oil, Benelux, associate president BP Netherlands and chairman and chief executive BP Southern Africa.

Davison said Phaswana brought broad experience of large-scale natural resources business, especially in Africa. - Reuters and Sapa

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