Nyembezi-Heita becomes first woman to chair Alexander Forbes board
Nonkululeko Nyembezi-Heita, the former ArcelorMittal SA CEO, will assume the role from January
Former ArcelorMittal SA CEO Nonkululeko Nyembezi-Heita was named by Alexander Forbes on Wednesday as is new chairperson from January 1. According to her Wikipedia page, she was ranked the 97th most powerful woman in the world by Forbes magazine in 2012. “She becomes the first woman to chair the board in the company’s 82 years of existence,” Alexander Forbes said in its statement. The insurance group originally intended to have former KPMG SA CEO Moses Kgosana succeed incumbent chairperson Sello Moloko on August 31. The insurance group announced on July 3 that Kgosana had opted not to take the role because of his entanglement in the Gupta-family scandal.
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