Antananarivo, January 16, 2025. Ambatovy is pleased to announce the appointment of Trevor Naidoo as President, effective January 1, 2026, following a decision by the company’s shareholders.

Trevor Naidoo previously served as Ambatovy’s Chief Financial Officer and has been Acting President since July 2025. He brings extensive leadership experience and a strong understanding of the company’s operations and governance.

Ambatovy remains firmly committed to its long-term presence in Madagascar and its role as a key economic partner for the country. Ambatovy continues to contribute to economic development through employment, skills transfer, and local value creation, while working responsibly with communities and key stakeholders.