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Exxaro Resources has appointed Dr. Nombasa Tsengwa as the new chief executive officer (CEO) effective 2023. 


Tsengwa will take over as the company’s first female CEO from Mxolisi Mgojo, who will retire from this position in 2023. She is currently the head of Exxaro’s coal business. The change of guard was announced on Thursday following Mgojo’s plans to retire. The company said that she would work closely with Mgojo in the interim period as CEO-designate.


Tsengwa noted in a recent media interview that women hold 30pc senior-management positions in Exxaro compared to the rest of the mining industry in South Africa. 


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