ABL/ABLP - ABIL - ABIL Appoints non-executive dire
ABL ABLP
ABL
ABL/ABLP - ABIL - ABIL Appoints non-executive director
AFRICAN BANK INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registered bank controlling company)
(Registration number 1946/021193/06)
(Ordinary share code: ABL) (ISIN: ZAE000030060)
(Preference share code: ABLP) (ISIN: ZAE000065215)
("ABIL" or "the company")
ABIL APPOINTS NON-EXECUTIVE DIRECTOR
ABIL is pleased to announce the appointment of Mr. Mutle Mogase as a non-
executive director of ABIL and African Bank Limited, with effect from 12 March
2007. Mr. Mogase was a joint founder of MMR Equity Capital, which merged with
Vantage Capital in 2001, and is currently the Executive Chairman of Vantage
Capital Group.
Mr. Mogase spent almost 10 years in various positions at ABSA and Nedbank. He
has been a key member of the team that developed the Financial Sector Charter
and served on the Charter Council. In addition Mr. Mogase has served as chairman
of the Micro Finance Regulatory Council (MFRC) until March 2006.
Mr. Mogase will join the Group`s Risk Committee, providing valuable insight
given the depth of experience that he has in this industry.
For further information, please contact:
Leon Kirkinis - CEO: ABIL
Tel : (011) 256-9232
Mutle Mogase - Non-executive director - ABIL
Tel : 082-452-9090
Midrand
12 March 2007
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
Date: 12/03/2007 15:47:55 Produced by the JSE SENS Department.
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