IMPERIAL"S TOP EXECUTIVE TO DRIVE BLACK ECONOMIC E
Imperial Holdings Limited
(Registration number 1946/021048/06)
ISIN Code: ZAE000003620
Share Code: IPL
Imperial"s top executive to drive Black Economic Empowerment (BEE)
Imperial Holdings Limited today announced that in line with the group"s strategy
of ensuring that black economic empowerment forms a core part of the group"s
business activities, current group Financial Director Hafiz Mahomed will become
the executive director responsible for driving this imperative.
Mr Mahomed will retain his role as Group Financial Director but will relinquish
the Motor Dealership portfolio. Hubert Brody, a Chartered Accountant and
currently Financial Director of Imperial Bank Limited, will join the Head Office
team and take over responsibility for Motor and Treasury from 1st July. The
chairmanship of the Motor Dealerships will be held by Bill Lynch.
Bill Lynch
Chief Executive Officer
Imperial Holdings Limited
19 June 2003
Date: 19/06/2003 10:10:03 AM Supplied by www.sharenet.co.za
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