Aqua Online - Appointment Of Directors To The Boar
Aqua Online - Appointment of Directors To The Board
AQUA ONLINE HOLDINGS LIMITED
("Aqua Online" or "the Company")
(Registration number 1971/005628/06)
ISIN Code: ZAE000024360
Share Code: AQU
APPOINTMENT OF DIRECTORS TO THE BOARD
Aqua Online has announced the appointment, with immediate effect, of:
Troels Henriksen as an executive director of the company; and
Jade Hamburger as a non-executive director of the company, alternate to
Martin Sacks.
Henriksen (ACA, BSc, MBA) began his career in corporate finance at
PriceWaterhouseCoopers in the UK, after which he completed his MBA at INSEAD
in France. He then joined US giant Pitney Bowes as a business analyst in
the UK, German and French subsidiaries, before becoming International Chief
Financial Officer of Xylogics, a NADSAQ-listed remote access specialist.
Changing fields Troels was appointed as joint Managing Director of the
largest printing franchise in the UK, Kall Kwik, where he focused on the
licensing of methodology as a key element of franchising strategy. Before
joining Aqua Online he served as the Chief Operating Officer of Another.com
Limited, a UK-based e-mail provider.
Danish-born Henriksen will manage Aqua Online`s gaming operations, heading a
team of more than sixty based locally and in the UK. This follows the
announcement in November 2001 of Aqua Online`s appointment as distributor of
International Merchant Services` leading online casino software, which
strengthened the company`s focus on its gaming operations. Henriksen`s
expertise in franchising strategy, together with his experience in the
information technology industry, is crucial to the successful rollout of the
software.
Hamburger is a senior executive in the Private Equity Division of
Corpcapital Limited.
In line with its stated strategy Aqua Online has also relocated its back-
office processing operations and call centre from the UK to SA, cost-
effectively leveraging the company`s entrenched local infrastructure.
Sponsor
Corpcapital Corporate Finance
(a sponsor registered with the JSE Securities Exchange South Africa)
Date: 28/05/2002 05:16:00 PM Produced by the SENS Department
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