REFILE-UPDATE 1-Anglo appoints RBS chairman Hampton to board

Mon Nov 9, 2009 7:56am GMT
 
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(Corrects name of Xstrata in first paragraph)

* Appoints Sir Philip Hampton as non-executive director

* First of several appointments to refresh board

By Eric Onstad

LONDON, Nov 9 (Reuters) - Miner Anglo American PLC (AAL.L) -- under pressure by shareholders to perform following an abortive merger approach by Xstrata (XTA.L) -- made the first of three new appointments to revamp its board on Monday.

Anglo appointed Sir Philip Hampton, the chairman of the Royal Bank of Scotland (RBS.L), as a non-executive director, effectively immediately, a statement said.

"I am delighted to welcome Sir Philip Hampton to Anglo American, the first in a series of appointments as we refresh the board," Anglo Chairman John Parker said.

"Sir Philip brings a wealth of financial, strategic and boardroom experience across a number of industries and I look forward to working with him as we continue to deliver value at Anglo American."

Anglo, the world's fourth biggest diversified mining group by market value, had previously said that there would be two other vacancies since board members Sir Rob Margetts and Dr Chris Fay will retire from the board next April. Hampton was appointed chairman of RBS in February 2009 and on Oct. 31 stepped down as chairman of J Sainsbury PLC (SBRY.L), a position he had held since 2004.  Continued...

 

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