{"id":508616,"date":"2021-07-01T03:38:25","date_gmt":"2021-07-01T07:38:25","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/sol-sasol-lmited-appointment-of-executive-director-designate-and-chief-financial-officer-designate\/"},"modified":"2021-07-01T03:38:25","modified_gmt":"2021-07-01T07:38:25","slug":"sol-sasol-lmited-appointment-of-executive-director-designate-and-chief-financial-officer-designate","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/sol-sasol-lmited-appointment-of-executive-director-designate-and-chief-financial-officer-designate\/","title":{"rendered":"SOL: Sasol Lmited: Appointment Of Executive Director Designate And Chief Financial Officer Designate"},"content":{"rendered":"
\n

PR Newswire<\/p>\n<\/p><\/div>\n

\n

\n JOHANNESBURG<\/span>, July 1, 2021<\/span> \/PRNewswire\/ — Shareholders are advised in terms of paragraph 3.59 of the JSE Listings Requirements that Mr\u00a0Paul Victor has informed the Company that he will step down as Chief Financial Officer (CFO) and executive director of Sasol Limited on 30 June 2022.\u00a0 <\/p>\n

Shareholders are also advised of the appointment of Mr\u00a0Hanr\u00e9 Rossouw, currently the CFO of Royal Bafokeng Platinum Limited (RBPlat), as CFO designate and executive director designate of Sasol to succeed Mr Paul Victor<\/span>.\u00a0 Hanr\u00e9 will join Sasol on 4\u00a0April 2022 and will succeed Paul as executive director and CFO on 1 July 2022.\u00a0 Paul has agreed to remain with Sasol until the publication of Sasol’s financial results and suite of annual reports for the year ending 30\u00a0June 2022, allowing for a sixth-month structured handover period.<\/p>\n

\n Sipho Nkosi<\/span>, Chairman of the Sasol board of directors (Board),<\/span> said,<\/span> “On behalf of the Board, I would like to thank Paul for his substantial contribution and exemplary leadership over the past twenty-one years at Sasol. We will pay tribute to him nearer to the date of his departure next year. The Board is pleased to have appointed Hanr\u00e9 as Sasol’s next CFO and is looking forward to welcoming him as a member of the Board. His background and experience will benefit Sasol in meeting our business opportunities and challenges.” <\/p>\n

Hanr\u00e9 has been the CFO of RBPlat since 1 October 2018<\/span>, where he was responsible for the restructuring of the balance sheet through the refinancing of debt and a rights issue, the introduction of a new capital allocation framework and a new dividend policy. <\/p>\n

Previously, he was a portfolio manager at Investec Asset Management and, prior to that, the CFO of Xstrata Alloys. He also held a number of other senior roles at Xstrata plc in London<\/span> that involved extensive strategy, mergers and acquisitions, business optimisation and capital markets experience. His career started as graduate engineer at Anglo American plc and he later also worked for Accenture plc and De Beers Group. Hanr\u00e9 graduated from Oxford University<\/span> with a Master’s degree in Business Administration. He also holds a Bachelor of Engineering degree in Chemical Engineering and a Bachelor of Commerce (Hons) degree in Economics. <\/p>\n

\n Tiffany Sydow<\/span>, Investor Relations Officer
Telephone: +27 (0) 71\u00a0673 1929
investor.relations@sasol.com<\/a><\/p>\n

\n \"Cision\" View original content:https:\/\/www.prnewswire.com\/news-releases\/sol-sasol-lmited-appointment-of-executive-director-designate-and-chief-financial-officer-designate-301324055.html<\/a><\/p>\n

SOURCE Sasol Limited<\/p>\n<\/p><\/div>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

PR Newswire JOHANNESBURG, July 1, 2021 \/PRNewswire\/ — Shareholders are advised in terms of paragraph 3.59 of the JSE Listings Requirements that Mr\u00a0Paul Victor has informed the Company that he will step down as Chief Financial Officer (CFO) and executive director of Sasol Limited on 30 June 2022.\u00a0 Shareholders are also advised of the appointment of Mr\u00a0Hanr\u00e9 Rossouw, currently the CFO of Royal Bafokeng Platinum Limited (RBPlat), as CFO designate and executive director designate of Sasol to succeed Mr Paul Victor.\u00a0 Hanr\u00e9 will join Sasol on 4\u00a0April 2022 and will succeed Paul as executive director and CFO on 1 July 2022.\u00a0 Paul has agreed to remain with Sasol until the publication of Sasol’s financial results and suite of annual reports … <\/p>\n

Continue reading “SOL: Sasol Lmited: Appointment Of Executive Director Designate And Chief Financial Officer Designate”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-508616","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nSOL: Sasol Lmited: Appointment Of Executive Director Designate And Chief Financial Officer Designate - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/sol-sasol-lmited-appointment-of-executive-director-designate-and-chief-financial-officer-designate\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SOL: Sasol Lmited: Appointment Of Executive Director Designate And Chief Financial Officer Designate - 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