JOHANNESBURG, Could 13, 2024 /PRNewswire/ — In compliance with para 3.59 of the JSE Listings Necessities and para 6.39 of the JSE Debt Listings Necessities, shareholders are suggested that the board of administrators of the Firm (the Board) has appointed Mr Timothy (Tim) John Cumming as a non-executive director of Sasol (NYSE:) with impact from 1 June 2024, in accordance with the Firm’s coverage for the nomination of administrators. Mr Cumming satisfies the independence necessities for administrators beneath relevant necessities in South Africa and the US.
Tim is the chairman of DRDGOLD Restricted, a non-executive director of Sibanye-Stillwater Restricted and the chairman of its Remuneration Committee. He’s additionally a non-executive director of Nedgroup Investments Restricted and serves because the chairman of Riscura Holdings Restricted.
He has a wealth of expertise in monetary providers, together with durations as an govt at Previous Mutual Restricted, HSBC Financial institution plc and Allan Grey Restricted. Tim began his profession as an engineer at Anglo American (JO:) Company of South Africa Restricted. He labored on a number of gold mines and diamond mines in Southern Africa. He’s the founder and govt director of Scatterlinks Proprietary Restricted, a South African-based firm offering management improvement providers and strategic advisory providers.
He holds a BSc Engineering (Hons) diploma from the College of Cape City and an MA (Politics, Philosophy and Economics) diploma from Oxford College.
The chairman of the Sasol Board, Mr Steve Westwell, mentioned: “We are pleased to welcome Tim to the Sasol Board. His background and experience in the mining and financial services sectors will stand Sasol in good stead as we navigate a challenging time in our history.”
For additional info, please contact:
Sasol Investor Relations,Tiffany Sydow, VP Investor Relations Officer
Phone: +27 (0) 71 673 1929
investor.relations@sasol.com
