Explorer Corporation Holdings Limited - Changes In
(Incorporated in the Republic of South Africa)
(Registration number 1997/010950/06)
("Explorer" or "the Company")
Following a board meeting of the Directors of Explorer Corporation holdings
Limited held on 26th February 2001 the following announcement is made. All
changes will take place with immediate effect:
In compliance with rule 3.67 of the JSE Listings Requirements, the following
information is disclosed:
Mr Aaron Stanger steps down as Chairman and Chief Executive to assume a
non-executive role.
The Board accepted the resignation of Mr Raymond Manoim as non-executive
director.
The Board ratified the appointment of Mr Justin Chinyata as Chairman as well as
the appointment of Messrs. Yousef Bazian and Colin Clarke as Joint Chief
Executive Officers.
Furthermore, Mr Gerhard Combrinck has been appointed Operations Director, and
Mr Kevin Jones Information Technology Director of Explorer Card Direct (Pty)
Ltd (the operating company), and both have been appointed alternate directors
to Messrs. Bazian and Clarke.
27 February 2001
SPONSOR
SASFIN BANK LIMITED
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
