Appointment of Independent Non-Executive Directors to the Board
Tongaat Hulett is
pleased to announce the appointment to the Board of the following three
new Independent Non-Executive Directors, with effect from 1 October
Mrs Fatima Jakoet - B Sc, CTA, CA (SA)
Mrs Jakoet has in-depth experience in
various facets of large corporate businesses, from both a strategic and
operational perspective, including industrial relations, transformation
and employment equity issues.
She commenced her career in the
auditing profession, followed by a period lecturing in financial
accounting at UWC. She worked in the Eskom Group for ten years in
positions ranging from regional and corporate finance to general
manager, telecommunications. After taking on other general management
positions, she left the corporate environment to concentrate on
personal investment opportunities and directorships. Mrs Jakoet is now
a non-executive director of the SA Reserve Bank and its key
subsidiaries, Metropolitan Holdings Ltd and its key subsidiaries,
Impala Platinum Ltd, New Clicks Holdings Ltd and MTN West and Central
Africa Region. She also chairs various Audit & Risk committees on
the boards on which she serves.
Dr Vincent Maphai - BA, MA, PhD
Vincent Maphai is currently Chairman
of BHP Billiton, Southern Africa. Previously, he was Corporate Affairs
Director at The SAB-Miller Company, and Chairman of Castle Brewing
Prior to joining the private sector
in 1998, Dr Maphai had an academic career spanning over two decades.
He taught at the Universities of Transkei, Witwatersrand, Western Cape,
Cape Town and Pretoria and holds degrees from the Universities of
Natal, UNISA and the Catholic University of Leuven, Belgium. He was
awarded a degree of Doctor of Philosophy, Honoris Causa by the
University of Pretoria in 2007. He has held various teaching and
research fellowships at institutions abroad, including Oxford, Harvard,
Princeton and Stanford.
He has also been involved in various
public policy projects and roles including being Chairman of the
Presidential Review Commission, The South African Broadcasting
Corporation and the Council of the University of KwaZulu-Natal.
Mrs Nonhlanhla Mjoli-Mncube - BA, MSc
Mrs Mjoli-Mncube is currently the
economic advisor to the Deputy President of SA, focusing on the
Accelerated and Shared Growth Initiative of South Africa (ASGISA) and
Joint Initiative for Priority Skills Acquisition (JIPSA).
She has worked as a town and regional
planner in South Africa, a survey research supervisor at Washington
State University, an executive director at a subsidiary of Murray and
Roberts, Chairman of the National Urban Reconstruction and Housing
Agency (NURCHA), Chairman of the Rural Housing Loan Fund, Women for
Housing and the Open Society Institute in South Africa. She has run her
own company Mjoli Development Company and Eziko Investments. Mrs
Mjoli-Mncube has been recognized for her work in the SMME sector,
empowerment of women and housing finance.
25 September 2008
INVESTEC BANK LIMITED