| Thu 10 Jun 2010, 12:05 | | ADR - Adcorp Holdings Limited - Appointment of Director |
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ADR
ADR
ADR - Adcorp Holdings Limited - Appointment of Director
Adcorp Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1974/001804/06)
("Adcorp")
Share code: ADR ISIN: ZAE000000139
Appointment of Director
In accordance with Section 3.59 of the JSE Limited Listings Requirements,
shareholders are advised that Mr. Mfundiso Johnson Ntabankulu ("JJ") Njeke has
been appointed as Chairman and non-executive director of Adcorp with effect from
10 June 2010.
JJ obtained a B Com degree from the University of Fort Hare. He then registered
for a training contract with Hoek and Wiehahn which later became part of
PricewaterhouseCoopers. He enrolled with UNISA for a B Compt (Hons) degree and
qualified as a Chartered Accountant in 1986. Two years later he was admitted as
a partner in Umtata. He moved to Johannesburg in 1990 and enrolled with The
University of Johannesburg for a Higher Diploma in Tax which he completed in
1991. He resigned from PricewaterhouseCoopers in 1994 to become Managing
Director of Kagiso Trust Investments.
He is the past Chairman of the South African Institute of Chartered Accountants
and its Education Committee. He serves on the Boards of Kagiso Group companies,
ArcelorMittal (SA), Metropolitan Holdings, N M Rothschild (SA), Resilient
Property Income Fund, MTN, Barloworld, Sasol and the Council of the University
of Johannesburg.
He previously served as a member of the Katz Commission of Inquiry into Taxation
in South Africa, the General Committee of the JSE Securities Exchange, the Audit
Commission - Supervisory Body of the Office of Auditor General, the Audit
Committee of National Treasury and the Editorial Board of "The Journal of
Accounting Research".
10 June 2010
Bryanston
Sponsor
Deloitte & Touche Sponsor Services (Pty) Ltd
(Registration number 1996/000034/07)
Date: 10/06/2010 12:05:03 Produced by the JSE SENS Department.
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