JOHANNESBURG, South Africa, Dec. 5, 2013 /PRNewswire/ -- Sasol (JSE: SOL,NYSE: SSL) today announced that it has appointed Mr. Bongani Nqwababa as independent non-executive director with effect from 5 December 2013.
Mr. Nqwababa is the financial director of Anglo American Platinum Limited and an independent non-executive director of Old Mutual plc. He is a former finance director of Eskom Holdings Limited. Prior to joining Eskom, he served as treasurer and chief financial officer of Shell Southern Africa. Bongani is also the chairman of the Audit Committee of the South African Revenue Service.
Mr. Nqwababa holds an Honours degree in Accounting from the University of Zimbabwe and qualified as a chartered accountant in Zimbabwe in 1991, after training with PricewaterhouseCoopers. He also obtained a Masters degree in Business Administration from the Universities of Manchester and Wales, Bangor in 1999.
Mr. Nqwababa will also serve as a member of Sasol's Audit Committee.
"We are pleased to welcome Bongani to the Sasol Limited board. His financial background and experience at various large South African companies will add significant value to the Sasol board and our Audit Committee," said Sasol Chairman, Mandla Gantsho.
Sponsor: Deutsche Securities (SA) Proprietary Limited
Sasol Investor Relations Team
Tel.: +27 (0)11 441 3113