AngloGold Ashanti Announces Changes to the Board of Directors
In compliance with the Listings Requirements of the JSE Limited, AngloGold Ashanti is pleased to announce the appointment of Albert Garner and Maria Richter as Non-Executive Directors to its Board of Directors, with effect from 1 January 2015.
Sipho Pityana, Chairman of AngloGold Ashanti, said “I’m delighted to welcome two such experienced and well regarded professionals to our Board. The extensive experience and depth of our new colleagues will add further depth to the Board’s financial and strategic capabilities”.
Albert Garner has extensive experience in capital markets, corporate finance and mergers and acquisitions having worked with Lazard Frère & Co for 35 years in various leadership positions. He is one of the most senior bankers at Lazard, currently leading their special committee practice and chairing their fairness opinion committee.
He formerly led Lazard’s corporate finance practice. Garner became a general partner in 1989 and is now Vice Chair, US Investment Banking. Over the past 10 years he has advised and acted as lead advisor to in excess of 50 companies and their boards of directors on transformative transactions.
Garner was educated at Princeton University where he graduated with a BSE, magna cum laude, in Aerospace and Mechanical Sciences.
Maria Richter is a lawyer, investment banker and accomplished and experienced FTSE 100 non-executive director who has served on a diverse range of UK and International boards. She served on the board of the National Grid plc, one of the largest electricity and gas companies in the UK, from 2003 to July 2014 where she was the Chairperson of the Finance Committee and member of the Audit and Nominations Committee.
Richter currently sits on the boards of Rexel, France, a global leader in the professional distribution of energy products and services and Bessemer Trust, a US wealth and management company. She is a member of the Audit and Compensation committees of Rexel and the Remuneration Committee of Bessemer Trust. She also serves on the Board of Pro Mujer International, a women’s microfinance network and Chairman of the Board of Trustees of Pro Mujer UK.
Richter professional career spanned 1985 to 2002 during which time she served in various positions at the former Dewey Ballantine, Prudential, Salomon Brothers and Morgan Stanley.
Richter has a Bachelor of Arts degree from Cornell University and a JurisDoctor Degree from Georgetown University Law Center. She is a dual citizen of the Republic of Panama and the United States.
For more information, visit the AngloGold Ashanti website: www.anglogoldashanti.com
5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly
Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.
Here, Business Chief talks to Janthana about her leadership style and skills.
What do you do, in a nutshell?
I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.
How would you describe your leadership style?
I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.
What’s the best leadership advice you’ve received?
Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.
How do you see leadership changing in a COVID world?
I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.
They say ‘from every crisis comes opportunity’, what opportunities do you see?
The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless.
What advice would you give to your younger self just starting out in the industry?
Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.