Godisa supplier development fund is a R165 million fund intended to enable and empower the rail engineering and freight transportation utility’s black-owned suppliers, launched today in a joint initiative between the public and private sectors.
Anglo American plc (“Anglo American”) announces two changes to the composition of its Board of Directors.
As indicated to the Annual General Meeting (“AGM”) of Anglo American in April 2013, David Challen will retire from the Board at the forthcoming AGM in April 2014, after almost 12 years’ service, which has included six years as the senior independent director and 10 years as chair of the Audit Committee.
Byron Grote, who was appointed to the Board in April 2013 and who has spent more than 30 years in the extractives industry, will take over the chair of the Audit Committee from David Challen, as previously announced. Sir Philip Hampton will succeed David Challen as the senior independent director of the Board.
Sir CK Chow will also retire from the Board at the forthcoming AGM after six years’ service, including serving on the Board’s Nomination and Remuneration committees.
Sir John Parker, Chairman of Anglo American, said: “I should like to take this opportunity to thank David Challen for his utmost professionalism in this demanding role and his exceptional and dedicated service to the Board in general. David has agreed to act as a consultant to the Board to provide continuity and a smooth transition, for which I am very grateful.
“I also would like to acknowledge the important contribution that Sir CK Chow has made to the Board and its committees in our deliberations over the last six years. CK has brought valuable insights from our critical markets of Asia and has also provided important continuity during a period in which I have refreshed and strengthened the Board.”