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PPC announces board changes

South African cement producer has announced the appointment of two new non-executive directors to its board.

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PPC announces board changes

PPC has announced changes to its board of directors, appointing Ignatius Sehoola and Advocate Mojankunyane Gumbi as non-executive directors. A third candidate, Dr Stephen Olivier, was originally named with Sehoola and Gumbi, but has subsequently withdrawn his candidacy.

Sehoola is a chartered accountant and a former Executive President of the South African Institute of Chartered Accountants. He currently serves as a non-executive director at SacOil/Efora Holding Ltd, where he is Chairman of the Investment Committee. He is also a non-executive director at Old Mutual Group Holdings and Chairman of its Audit Committee.

Advocate Gumbi is a human rights lawyer in South Africa, serving as a Special Advisory to Presidents Mandela and Mbeki. She has also been a key negotiator in the resolution of conflicts in countries across Africa.

In addition, she has board-level experience at a number of companies, trusts, and philanthropic associations, including the Nelson Mandela Children’s Fund, the Open Society Foundation, LexisNexis, and the Thabo Mbeki Foundation.

Dr Stephan Olivier had also been named as a non-executive director, but withdrew his candidacy when he was unable to meet the engagement requirements.

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