OCT - Octodec Investments Limited - Change to the board of directors
OCT
OCT
OCT - Octodec Investments Limited - Change to the board of directors
OCTODEC INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1956/002868/06)
Share code: OCT ISIN: ZAE000005104
("Octodec" or "the company")
CHANGE TO THE BOARD OF DIRECTORS
In accordance with paragraph 3.59 (a) of the Listing Requirements, the Board
of Octodec is pleased to announce the appointment of Petrus Jacobus Strydom,
to the Board as an Independent Non Executive director with effect from 6
February 2012. Mr Strydom has also been appointed as a member of the Company`s
Risk and Audit Committee.
Mr Strydom is an experienced Chartered Accountant with a Master of Commerce
Degree. He is also a member of South African Institute of Chartered
Accountants, the South African Institute of Internal Auditors, and Independent
Regulatory Board for Auditors.
Over the preceding 43 years he has gained vast experience in external
auditing, special investigations and all disciplines of risk management.
Having worked in the Banking environment, acting as Group Senior General
Manager of Bankorp Holdings for 6 years, his experience covers virtually all
areas of credit risk, quality review and governance. He is currently still a
member of the Professional Services Panel of Ernst and Young. He has been a
partner of Ernst & Young since 1991 and is currently fulfilling the role of
senior advisor.
Some highlights of his career include being appointed as the Curator of New
Republic Bank, completing an assignment as curator of an asset manger on
behalf of the Financial Services Board of South Africa, performing various due
diligence reviews for potential mergers and Heading up the Financial Services
Group of Ernst & Young.
He brings a wealth of experience to the Board from an accounting and corporate
governance perspective and we look forward to his valued contribution.
Pretoria
8 February 2012
Sponsor
Nedbank Capital
Date: 08/02/2012 16:46:08 Produced by the JSE SENS Department.
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