Last checked at 30 Mar 2015 11:09
AECI LTD - Directorate ChangeAECI LTD - Directorate Change
PR Newswire
London, March 30
AECI LIMITEDIncorporated in the Republic of South Africa(Registration Number 1924/002590/06)Share code: AFEISIN: ZAE000000220("AECI" or "the Company" or "the Group") RESIGNATION OF A MEMBER OF AECI'S EXECUTIVE COMMITTEE Schalk Venter, a member of the Company's Executive Committee and ManagingDirector of AEL Mining Services Limited ("AEL") will be leaving the Group on 15 May 2015, after24 years of service, to pursue another opportunity in industry. Schalk took up his current position in 2012 and has played a leading role inexpanding AEL's international footprint and diversifying its customer base. AEL is AECI'slargest subsidiary and one of the leader's in the Group's Mining Solutionsstrategic growth pillars. He joined ChemSystems, now part of the Group's specialty chemicals segment, in1991 as a sales representative and went on to serve as Managing Director ofthat company as well as of two others in the then Chemical Services Limited("Chemserve"). Schalk was appointed to the Chemserve Executive Committee in2005 and to its Board in 2007, serving also as Chairman of a number ofspecialty chemicals subsidiaries. He joined AECI's Executive Committee in 2010. Schalk's AECI Executive Committee colleagues, and the AECI Board, wish himevery success in his new venture and thank him for his valued contribution tothe Group's growth over many years. Woodmead, Sandton30 March 2015 SponsorRAND MERCHANT BANK (A division of FirstRand Bank Limited)