SacOil has appointed Mr Ignatius Sehoole as non-executive director and Mr Vusumzi Pikoli as independent non-executive director of the Company with immediate effect.
Mr Sehoole is a Chartered Accountant by qualification. He serves as a member of the Board of Directors of the Public Investment Corporation SOC Limited (the "PIC"). The other governance roles that he fulfils at the PIC are as follows:
■ the Chairman of the Audit and Risk Committee;
■ the Chairman of the Social and Ethics Committee;
■ a member of the Human Resources and Remuneration Committee;
■ a member of the REAM Committee; and
■ a member of the Directors' Affairs Committee.
He also serves on the Board of Harith Fund Managers Proprietary Limited, in which the PIC is a shareholder. Outside of the PIC, Mr Sehoole serves on the Board of the Specialist Committee on Company Law, as well as on the Accounting Standards Board. Previously he was a member of the King Committee on Corporate Governance, a President of the South African Institute of Chartered Accountants and, until March 2010, the Chairman of the Audit Committee at the National Treasury.
Tags:
SacOil Holdings
Add a Comment to this Article
Please be civil. Job and promotion will not be added into the comment page.