SABMiller chairman Graham Mackay steps down for second time

Brewer SABMiller has said this morning that its chairman Graham Mackay is to step down for a second time this year, due to deteriorating health. (Release)

Mr Mackay went on medical leave earlier in the year, after having surgery on a brain tumour in April. He recovered sufficiently to return to his role as non-executive chairman in September but, "following a recent sudden worsening of his condition, the Board has agreed to his request for a further leave of absence."

Deputy chairman John Manser has been re-appointed as acting chairman with immediate effect. The board said it will continue to keep the position under review.