ABIL RECRUITS TOP RETAILER AS HEAD OF ITS INNOVATI
AFRICAN BANK INVESTMENTS LIMITED - ABIL RECRUITS TOP RETAILER AS HEAD OF ITS
INNOVATION CENTRE
AFRICAN BANK INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registered bank controlling company)
(Registration number 1946/021193/06)
(Share code: ABL)
(ISIN: ZAE000030060)
("ABIL")
ABIL RECRUITS TOP RETAILER AS HEAD OF ITS INNOVATION CENTRE
ABIL has appointed Antonio Fourie as an executive director of ABIL and African
Bank Ltd, and Head of ABIL"s Innovation Centre. Fourie was previously CEO of
Connection Group Holdings Ltd with Incredible Connection and Enterprise
Connection in its stable.
As Head of the Innovation and Business Optimisation thrust, Fourie"s main focus
will be on identifying new opportunities which will bring innovation to the
existing business operations within the bank"s core focus areas. In giving
effect to the mission of the Innovation Centre his responsibilities will include
innovation in the areas of new product offerings to existing clients, new
delivery methodologies and channels to existing and new clients, and new client
acquisition strategies.
In addition to the above, he will focus on reviewing the competitiveness of
ABIL"s existing retail offering to its clients across all divisions.
Fourie"s extensive experience over twenty years, includes senior positions in a
number of South Africa"s major retailers and more recently, Makro, Dion and
Massdiscounters within the Massmart Group, and Connection Group Holdings.
"Toni"s appointment will substantially bolster ABIL"s strong executive
management team with the unique expertise he brings into the business," said
Kirkinis.
For further information, please contact:
Leon Kirkinis
CEO: ABIL
Tel : (011) 256 9239
Toni Fourie
Tel : 083-222-9907
Sandton
13 October 2003
Sponsor
Deutsche Securities (SA) (Proprietary) Limited
Date: 13/10/2003 08:00:06 AM Supplied by www.sharenet.co.za
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