Platinum Giant’s CFO Switch Amid CEO Shift

  • Ms. Sayurie Naidoo becomes acting CFO of Anglo American Platinum as CEO transition approaches on October 1, 2023.
  • Naidoo, a seasoned CA(SA), brings 15 years of experience within the company, previously serving as Financial Controller.
  • The search for an Executive Finance Director is ongoing, with further details to be announced in due course.
Published by
Lethabo Ntsoane

Anglo American Platinum Limited has announced the appointment of Ms. Sayurie Naidoo as the acting Chief Financial Officer (CFO) effective from September 1, 2023. This development comes as part of a significant transition within the company, as Craig Miller is set to take over as the Chief Executive Officer (CEO) on October 1, 2023.

The Transition at a Glance

Anglo American Platinum has been a prominent name in the mining sector and plays a critical role in the production of platinum group metals. The recent changes in leadership are set to shape the company’s future direction.

Here’s a closer look at the key details of this transition:

RolePrevious HolderNew AppointeeEffective Date
CEOCraig MillerOctober 1, 2023
Acting CFOMs. Sayurie NaidooSeptember 1, 2023
Executive Finance Director– (In progress)

Meet the Acting CFO

Ms. Sayurie Naidoo, a registered Chartered Accountant (CA(SA)), brings a wealth of experience to her new role. Having spent over 15 years with the Anglo American Group, she has a strong financial background and has held various financial positions within the organization.

In her most recent role as Financial Controller, Ms. Naidoo was responsible for overseeing financial reporting, performance reporting, corporate cost control activities, governance, and controls, as well as finance systems. Additionally, she holds directorships and trusteeships at various subsidiary companies and trusts, which further enriches her qualifications for this crucial role.

The Search for an Executive Finance Director

While the position of acting CFO has been filled, the company is still actively seeking a suitable candidate for the role of Executive Finance Director. The search is underway, and further details regarding this appointment will be communicated in due course.

Closing Thoughts

As Anglo American Platinum undergoes a significant leadership transition, the appointment of Ms. Sayurie Naidoo as acting CFO underscores the company’s commitment to maintaining financial stability and continuity during this period. Her extensive experience within the organization and her financial expertise make her a valuable addition to the leadership team.

With the upcoming change in CEO and ongoing efforts to identify an Executive Finance Director, Anglo American Platinum is poised for a new chapter in its storied history. As a key player in South Africa’s mining industry, the company’s future direction will undoubtedly be closely watched by stakeholders, investors, and the broader mining community.

Join Our Newsletter
Subscribe to our newsletter and stay updated.

Sponsored

Start trading with a free $30 bonus

Unleash your trading potential with XM—your gateway to the electric world of financial markets! Get a staggering $30 trading bonus right off the bat, with no deposit required. Dive into a sea of opportunities with access to over 1000 instruments on the most cutting-edge XM platforms. Trade with zest, at your own pace, anytime, anywhere. Don't wait, your trading journey begins now! Click here to ignite your trading spirit!

Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo