Anglo American is on Friday set to name Sir John Parker as its new chairman aiming to reassure shareholders that the international mining group has a strong independent future after its emphatic rejection of a merger offer from rival Xstrata, the FT reported. Sir John, who has been chairman of National Grid since 2002, brings a wealth of experience of international business and is well-regarded in the City. He will replace Sir Mark Moody-Stuart, who will retire from the board after seven years at the helm.

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