People: Lonmin PLC (LONJ.J)
19 Dec 2014
Ms. Phuti Mahanyele has been appointed as Non-Executive Director of Lonmin Plc., effective April 02, 2013. She is Chief Executive Officer (CEO) of Shanduka Group, Lonmin's Black Economic Empowerment partner, and was nominated to the Board under a contractual arrangement. Phuti has a BA in Economics from Rutgers University, USA and an MBA from De Montfort University, Leicester, UK. She completed the Kennedy School of Government Executive Education programme 'Global Leadership and Public Policy for the 21st Century' at Harvard University in 2008. Her executive career includes appointment as Vice President of Fieldstone, an international firm specialising in the financing of infrastructure assets, and later she became Head of the Project Finance South Africa business unit at the Development Bank of Southern Africa. She joined Shanduka in 2004 as the Managing Director of Shanduka Energy, and became CEO in September 2010. External recognition of Phuti's achievements include the Top in Project Finance, 2003 award by the Association of Black Securities & Investment Professionals (ABSIP). She was selected as a Global Young Leader in 2007 by the World Economic Forum and listed as one of the Top 50 women in the world to watch in 2008 by the Wall Street Journal. She was named the Most Influential Woman in Government and Business - Financial Services in 2009 and in 2011 was awarded the Vision of Excellence Award by Rutgers University. She is a member of the boards of a number of Shanduka Group investee companies including being Deputy Chair of Pan African Resources Plc, listed on AIM and the JSE.
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