Incorporated in the Republic of South Africa
(Registration No. 1924/002590/06)
“AECI” or “the Company”
Share code: AFE ISIN No. ZAE000000220
AECI is pleased to announce the appointment of Mr Recht Louis (“Tak”) Hiemstra as Non-executive Director of the Company.
Mr Hiemstra was an Executive Director of Imperial Holdings from 1995 to 2012, responsible for portfolios including M&A activity and investor relations. He held several Board positions in the Imperial Group, including CEO of Imperial Bank from 2000 to 2004. Mr Hiemstra retired from full-time employment at Imperial in 2012, remaining on that Board as a Non-executive Director.
During his tenure at Imperial he also served as a Director of Kagiso Media Limited for eight years.
He is currently Chairman of Distribution and Warehousing Network Limited.
Mr Hiemstra’s appointment to the AECI Board is effective from 1 May 2014.
29 April 2014
Sponsor: Rand Merchant Bank (A division of FirstRand Bank Limited)