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THE BIDVEST GROUP LIMITED - Appointment of an Independent Non-Executive Director to the Board of Bidvest and Committee memberships

Release Date: 01/07/2019 08:15
Code(s): BVT     PDF:  
 
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Appointment of an Independent Non-Executive Director to the Board of Bidvest and Committee memberships

The Bidvest Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1946/021180/06)
Share code: BVT
ISIN ZAE000117321
("Bidvest" or “the Group”)


APPOINTMENT OF AN INDEPENDENT NON-EXECUTIVE DIRECTOR TO THE BOARD OF BIDVEST
AND COMMITTEE MEMBERSHIPS

In compliance with Section 3.59 of the listing requirements of the JSE Limited, Bidvest is pleased to
announce the appointment, effective 1 July 2019, of Mr. Bonang Francis (Bonang) Mohale as an
independent non-executive director to the Bidvest board.

Bonang has held several leadership positions in the private sector and has been lauded and
recognised with several awards over the past 25 years. He was the Chief Executive Officer of Business
Leadership South Africa, Chairman of Shell South Africa (Pty) Ltd, Chief Executive Officer of Drake &
Scull FM SA (Pty) Ltd, Chief Executive of Sanlam Limited, Executive Vice President of SAA and
Managing Director of Otis (Pty) Ltd, amongst others.

Bonang will be appointed as a member of the following Bidvest board sub-committees: Acquisitions
committee, Nominations committee and Social and Ethics committee.

The board welcomes Bonang to Bidvest and look forward to his contributions.

Date: July 01, 2019
Johannesburg
Sponsor: Investec

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