Nyembezi-Heita becomes CEO of Ichorcoal in Germany

BERLIN, PRNewswire/ –The supervisory board of IchorCoal N.V., an internationally operating mineral resource company focused on South Africa, is nominating Nonkululeko Nyembezi-Heita and Andries Engelbrecht respectively as Chief Executive Officer and Chief Operating Officer of IchorCoal. In addition, Mr Rirhandzu Siweya is nominated as candidate for the supervisory board of IchorCoal, intending to appoint him as chairman. He is currently the Chief Executive Officer of Mbuyelo Group and the Chairman of Mbuyelo Coal (Pty) Ltd. Upon shareholder approval regarding the nomination of Rirhandzu Siweya as member of the supervisory board, Lars Windhorst, the current chairman, will step down but will remain an active supervisory board member and deputy chairman of the supervisory board. Nonkululeko Nyembezi-Heita has spent the last six years as the CEO of ArcelorMittal in South Africa and before that was the Chief Corporate Strategy Officer at the Vodacom Group, also in South Africa.