Sasol Limited announces that Mr Trevor Stewart Munday was appointed as an
Executive Director of Sasol Limited with effect from 9 May 2001.
Mr Munday will assume board responsibility for three portfolios, namely finance
and accounting, investor relations and communications and public relations. He
will retain his responsibility for the South African operations of Sasol
Chemical Industries Limited for the time being.
Pieter Cox, deputy chairman and chief executive of Sasol Limited, said: "Trevor
will lead Sasol's finance team to support our quest for globalisation. His
previous experience as managing director of Polifin and other business roles
during which he established a good reputation for his sharp financial acumen,
will beneficially serve the Group's interest".
"Sasol is expanding both locally and abroad and, in addition to effective
governance throughout our operations, efficient financing arrangements and
structures are required," added Cox. "Competent specialists in the field of
local and international financing and taxation are needed for this purpose. We
are fortunate to already have most of these specialists in our central team, as
has been convincingly demonstrated recently in establishing effective financing
structures for the projects and acquisitions we have made in Europe, the USA
and Southeast Asia."
Johannesburg
10 May 2001
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