SENS

24-11-2009

Appointment of an independent non-executive director


TONGAAT HULETT: APPOINTMENT OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR

 

Tongaat Hulett Limited

(Registration number 1892/000610/06)

Share code: TON

ISIN ZAE000096541

 

TONGAAT HULETT: APPOINTMENT OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR

 

Tongaat Hulett is pleased to announce the appointment of Mr Adriano Maleiane as an independent non-executive director to the Board, with effect from 23 November 2009.

 

Mr Maleiane, who is Mozambican, is the chief executive officer and majority shareholder of MaleFinanceiro, a company specialising in financial consultancy, and of MaleSeguros, an insurance brokerage. He is also a non-executive chairman of Visabeira, a Portuguese company, operating in tourism, telecommunications, energy, housing and services.

 

Prior to these positions Mr Maleiane worked in the banking sector for more than 33 years in various positions, including as Central Bank Governor in Mozambique for 15 years. He also worked as National Director for Agrarian Economy in the Ministry of Agriculture, co-ordinating the implementation of the agrarian policy. He lectured financial systems at the Universidade Eduardo Mondlane and he holds a Masters in Science (MSC) in Financial Economics from the University of London, a Bachelor of Science (BSC) in Economics from Universidade Eduardo Mondlane in Mozambique and a Diploma in Accounting from Instituto Comercial de Maputo- Mozambique.

 

Tongaat

24 November 2009

 

 

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