Anglo American Needs More Managers

Bloomberg reported South Africa’s Finance Minister, Pravin Gordhan says Anglo American Plc (LSE:AAL) should appoint more South Africans to its board and senior management.

As quoted in the market news:

The mining company, which was founded in Johannesburg in 1917, on Oct. 26 said that its American Chief Executive Officer, Cynthia Carroll, is resigning and will leave once her replacement is found. Carroll, 55, was the first non-South African to lead the company, which in 1999 shifted its headquarters to London from Johannesburg.