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SacOil appoints as independent non-executive directors


Published Jun 11, 2013
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SacOil

SacOil is pleased to announce the formal appointment of Mr Tito Titus Mboweni as its new independent non-executive Chairman, and Ambassador Mzuvukile Jeff Maqetuka and Mr Stephanus (Steve) Hilgard Muller as independent non-executive directors of the Company, with effect from 10 June 2013.

As previously announced, Mr Mboweni is the immediate past Governor of the South African Reserve Bank, the current Chairman of AngloGold Ashanti Limited, the current non-executive Chairman of Nampak Limited, and an international advisor to Goldman Sachs International.

Ambassador Maqetuka has extensive pan-African experience having served as South Africa's Ambassador to the People's Democratic Republic of Algeria and as Director General of the State Security Agency department of the Republic of South Africa.

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