CORONATION FUND MANAGERS LIMITED - Appointment of independent non-executive director and notification of retirement from the board
Appointment of independent non-executive director and notification of retirement from the board
CORONATION FUND MANAGERS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 1973/009318/06
Share code: CML
ISIN: ZAE000047353
LEI: 3789001BC9A29E6FF77
("Coronation" or "the Company")
APPOINTMENT OF INDEPENDENT NON-EXECUTIVE DIRECTOR AND NOTIFICATION
OF RETIREMENT FROM THE BOARD
APPOINTMENT OF NEW DIRECTOR
In accordance with paragraph 3.59(a) of the JSE Limited Listings Requirements ('the Listings
Requirements"), the board of directors of the Company ("the Board") wishes to advise that
Ms. Alethea Conrad ("Lea") has been appointed as an independent non-executive director of
the Company with effect from Friday, 22 December 2023.
Lea has a BA LLB and is an admitted attorney and has completed the Management
Advancement Program from the Graduate School of Business at Wits University as well as
the International Executive Development Program from the Graduate School of Business,
University of Witwatersrand and the London Business School. Lea is the Managing Director
of Conrad Advisory. She is an independent non-executive director of YeboYethu RF Limited
and Mpact Limited. She is also the independent Chairperson of the Afrimat BEE Trust and
Chairperson of the Mpact Foundation Trust. She served as an executive director of the
Oceana Group Limited from 2007 to 2016. During her 16-year tenure at the Oceana Group,
Lea held executive management positions and also served as a director on the boards of
various subsidiaries and as Chairperson of the Oceana Empowerment Trust. She was
formerly an independent non-executive director of UNISA Enterprises and the Chairperson of
the Board of African Phoenix Investments Limited.
The Board welcomes Lea and looks forward to her contributions to the Company.
RETIREMENT OF NON-EXECUTIVE DIRECTOR
In accordance with paragraph 3.59(b) of the of the JSE Listings Requirements, the Board
wishes to advise shareholders that Ms Judith February ("Judith") will be retiring from the
Board at the Annual General Meeting ("AGM") scheduled to take place on Tuesday, 20
February 2024.
Ms Judith February is scheduled to retire by rotation as a non-executive director of the
Company at the AGM and has not made herself available for re-election. Judith has served
as an independent non-executive director for 15 years. She was instrumental in setting the
direction for the social, ethics and transformation committee and served as its chair from the
committee's inception.
The Board thanks Judith for her valued contribution to the Company and wishes her well in
her future endeavours.
Cape Town
20 December 2023
Sponsor
Valeo Capital (Pty) Ltd
Date: 20-12-2023 03:00:00
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