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The Bidvest Group Limited - Change In Directorate
THE BIDVEST GROUP LIMITED
(`Bidvest`)
(Registration number 1946/021180/06)
Share code: BVT ISN ZAE000050449
CHANGES IN DIRECTORATE
Bidvest announces the following changes in directorate :
Gill Marcus has been appointed as a non-executive director, with effect from
June 1 2005.
Brian Connellan, due to commitments with respect to other directorships, has
resigned as alternate director to Mervyn Chipkin with immediate effect.
By order of the Board
May 19 2005
Sponsor Investec Bank Limited
PRESS RELEASE
Gill Marcus joins
Bidvest Board
GILL MARCUS, holder of the Chair of Policy, Leadership and Gender Studies at the
Gordon Institute of Business Science, has been appointed to the Board of
Bidvest, the international services, trading and distribution group.
It is the first directorship to be accepted by the former Deputy Minister of
Finance and former Deputy Governor of the Reserve Bank.
For several years, Ms Marcus was a Member of the ANC National Executive
Committee and at the Ministry of Finance led the transformation of SARS. At the
Reserve Bank she was part of the team which shaped national monetary policy.
Ms Marcus commented: `I am excited to be joining the Board of a company of such
great diversity. Bidvest is a creative and innovative company and I trust the
experience I have gained over the last 10 years in addressing strategic issues
may prove useful.`
Bidvest chief executive Brian Joffe noted: `We are honoured that Gill Marcus has
accepted the appointment and welcome her to the team. She joins us at an
exciting time as we, in tandem with Dinatla, our empowerment partners, drive
forward the Group`s transformation process. In view of Bidvest`s multifaceted
nature, these processes affect several strategic industries and numerous
communities nationwide. It is an opportunity to `make a difference`. We are
delighted Ms Marcus has taken up the challenge.`
The appointment is effective from 1 June 2005.
ISSUED ON BEHALF OF: BIDVEST
BY: CLEAR DISTINCTION COMMUNICATIONS
BIDVEST CONTACTS: Brian Joffe
Tel: (011) 772-8700
Gill Marcus
Tel: (011) 771-4348
CONSULTANCY CONTACT: Carol Dundas
Tel: (011) 444-0650
Mobile: 083 447-6648
Date: 19/05/2005 04:38:26 PM
Produced by the JSE SENS Department
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