AECI LTD - Directorate Change
30 März 2015 - 12:09PM
PR Newswire (US)
AECI LIMITED
Incorporated in the Republic of South Africa
(Registration Number 1924/002590/06)
Share code: AFE
ISIN: ZAE000000220
("AECI" or "the Company" or "the Group")
RESIGNATION OF A MEMBER OF AECI'S EXECUTIVE COMMITTEE
Schalk Venter, a member of the Company's Executive Committee and Managing
Director of AEL
Mining Services Limited ("AEL") will be leaving the Group on 15 May 2015, after
24 years of service, to pursue another opportunity in industry.
Schalk took up his current position in 2012 and has played a leading role in
expanding AEL's
international footprint and diversifying its customer base. AEL is AECI's
largest subsidiary and one of the leader's in the Group's Mining Solutions
strategic growth pillars.
He joined ChemSystems, now part of the Group's specialty chemicals segment, in
1991 as a sales representative and went on to serve as Managing Director of
that company as well as of two others in the then Chemical Services Limited
("Chemserve"). Schalk was appointed to the Chemserve Executive Committee in
2005 and to its Board in 2007, serving also as Chairman of a number of
specialty chemicals subsidiaries. He joined AECI's Executive Committee in 2010.
Schalk's AECI Executive Committee colleagues, and the AECI Board, wish him
every success in his new venture and thank him for his valued contribution to
the Group's growth over many years.
Woodmead, Sandton
30 March 2015
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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