BILLY Mawasha has been appointed Managing Director of Richard Bay Minerals (RBM).
Mawasha joins RBM from Anglo American’s Kumba Iron Ore Limited where he was Executive Head of Operations and Integration.
He has extensive leadership experience across a number of African operations.
Last year he was named by the South African Financial Mail as a top black leader of the future, and has recently been awarded the title of ‘Young Global Leader’ by the World Economic Forum.
‘I’m honoured to be joining RBM, an outstanding brand with a reputation as a world leader in our industry,’ said Mawasha.
‘We are a company that is strongly focused on compassion and care for our people and the natural environments within which we operate.’
RBM, formed in 1976, produces predominantly rutile, zircon, titania slag, titanium dioxide feedstock and high purity iron.
Rio Tinto holds a 74 per cent stake in RBM and manages the operations.
Blue Horison, a BBBEE consortium consisting of lead investors and the four host communities, owns a 24 per cent stake, while the remaining two percent of the shares are held in an employee trust.
ALSO READ: New appointment for business stalwarts at RBM
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