Resignation And Election Of Non-executive Director
GLENRAND M.I.B LIMITED
In compliance with rule 3.67 of the JSE Listing Requirements, the following
information is disclosed:
MR B H ADAMS
The Board of Directors of Glenrand M.I.B Limited regret to announce that Mr
Barry Adams has tendered his resignation as a non-executive director and
Chairman of the Group Audit Committee, as he wishes to spend more time at his
new home in the Cape.
We thank him for his considerable contribution to the Group over many years and
wish him well for the future.
MR R G COTTRELL
We are very pleased to announce that Mr Rick Cottrell has accepted our
invitation to join the Board as a non-executive director and Chairman of the
Group Audit Committee.
Rick Cottrell recently retired as Executive Officer of the Financial Services
Board and Chairman of various advisory committees to the Financial Services
Board. He is a past president of the South African Institute of Chartered
Accountants and held numerous other professional appointments. In 1984 he
became the managing partner of Coopers and Lybrand South Africa and retired
from this position in 1995. Mr Cottrell is a non-executive director of several
other leading South African Groups.
We believe that Mr Cottrell's background knowledge of the financial services
industry will be of added value to our Group Board.
These changes will take effect from the 18th May 2001.
DAVID J HARPUR
17 APRIL 2001
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 has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
