South32 appoints Pearce and Msimang as directors
Diversified miner South32 on Tuesday announced the appointment of two new independent nonexecutive directors, Stephen Pearce and Mandlesilo (Mandla) Msimang, to its board.
Both appointees would officially join the board on February 1, 2025, and will seek election by shareholders at the company’s 2025 AGM.
Pearce brings more than 20 years of public company director experience to South32. He currently serves as a nonexecutive director at BAE Systems, where he also chairs the audit and risk committee. Pearce's career includes serving as CFO and executive director at Anglo American from 2017 until late 2023, as well as a similar role at Fortescue Metals prior to that. He is also a director and strategic adviser to the Wyllie Group.
Msimang is the CEO of Nozala Women Investments, a 100% female-owned private equity firm with a diversified portfolio across the minerals, energy, industrial, and consumer services sectors. She is also a nonexecutive director at Telkom and Exxaro Resources. Msimang’s experience spans regulatory, public policy, and technology sectors, with a particular focus on Africa and the Middle East.
South32 chairperson Karen Wood welcomed Pearce and Msimang to the board. "Both are highly experienced directors whose skills will be invaluable in supporting the ongoing delivery of our strategy.”
Wood further highlighted the strengths each appointee brings: “Stephen brings a wealth of global experience with resources, finance, commercial, and operational expertise over more than 35 years in mining, oil and gas, and utilities. Mandla brings extensive regulatory, public policy, and ICT expertise, as well as deep knowledge and experience across Africa and the Middle East.”
“I have no doubt they will further enhance the depth of skills on our board, ensuring it continues to possess the requisite expertise as we continue our work to transform our portfolio to supply commodities critical to a low-carbon future.”
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