Nedcor Investment Bank Holdings Limited - Appointm
NEDCOR INVESTMENT BANK HOLDINGS LIMITED
("NIBH")
Registration Number 1963/003972/06
ISIN number - ZAE 000019030
JSE code - NIB
The board of directors of NIBH is pleased to announce that Mr Phuthuma
Nhleko has accepted an appointment as a non-executive director of NIBH with
effect from 4 January 2002. Mr Nhleko has been the Executive Chairman of
Worldwide African Investment Holdings Limited ("WAIH") since May 2001. He
is one of the founding members of WAIH, a pre-eminent investment holding
company with significant interests primarily in the Petroleum and
Telecommunications and IT industries. Prior to the establishment of WAIH,
Mr Nhleko was a senior member of the Standard Merchant Bank's Corporate
Finance team (1991 - 1994). Mr Nhleko practised as a Civil Engineer/Project
Manager for infrastructure development undertaken by the Urban Foundation
during the period 1988 to 1991. Prior to his engagement at the Urban
Foundation, he worked as a Civil Engineer trainee at the Ohio Dept of
Transportation and subsequently as the Senior Roads Engineer in the Ministry
of Works in Swaziland.
Johannesburg
4 December 2001
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