APPOINTMENT OF NEW NON-EXECUTIVE CHAIRMAN
WIPHOLD, the financial services company dedicated to the empowerment of
women, today announced the appointment of Dolly Mokgatle as its new non-
executive chairman with effect 1 June 2001.
"I am honoured and delighted at the opportunity to lead the board of a truly
outstanding organization. The key challenge going forward will be to
maintain a balance between delivery to our shareholders and ongoing
empowerment. WIPHOLD'S progress in restructuring into financial services has
been commendable and the group is definitely the forerunner in acquiring a
diverse and representative staff complement," said Dolly Mokgatle.
Dolly Mokgatle has been an executive director of Eskom since 1996 and is a
qualified attorney. She holds several board memberships and has won awards
for outstanding achievement at Eskom. In 1999 she was named Executive
Director responsible for Transmission - thus becoming the first woman and
the first black person with a non-technical background to be appointed to
this senior technical post. In addition, Dolly was a nominee for the South
African Businesswomen of the Year award in 2000.
Louisa Mojela, CEO of WIPHOLD commented,
"The Board is excited with the appointment of Dolly as Chairman of WIPHOLD.
Her sterling track record makes her ideally suited to the task. We certainly
look forward to the year ahead with Dolly at the helm of our organisation."
3 July, 2001
Enquiries:
Wiphold
Shona Africa Tel: (011) 715 3600
College Hill
Susu Mutshutshu Tel: (011) 447-3030
Linda Baker
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