AngloGold Ashanti replaces chairman

|About: AngloGold Ashanti Limited (AU)|By:, SA News Editor

AngloGold Ashanti (AU) Chairman Tito Mboweni has stepped down, due to his "increasing portfolio of professional commitments," and is being replaced by nonexecutive director Sipho Pityana.

Mboweni, who is a member of the African National Congress' National Executive Committee, will leave AngloGold Ashanti as nonexecutive director at the company's annual shareholders meeting in May. (PR)