ArcelorMittal South Africa Limited announced that Mr. Wim de Klerk was stepping down as Chief Executive Officer and Executive Director from the Board of Directors of company with effect from 31 January 2018. The company also announced that the appointment of Mr. Hendrik Jacobus "Kobus" Verster as CEO and Executive Director of company, has been approved by the Board. Mr. Verster will join company on 2 January 2018 as CEO designate to ensure a smooth handover and will officially assume the position of CEO and Executive Director with effect from 1 February 2018.

Mr. Verster served on the Board of Aveng Limited as CEO from 11 February 2014 until 26 September 2017.