Durban, South Africa - March 27, 2015, Durban, South Africa - Illovo Sugar Limited, a sugar producer, announced that it has elected Trevor Munday to succeed Don MacLeod as chairman.
Article continues below
Mr. Munday was appointed as a non-executive, independent director with effect from 9 March 2010. He spent his formative years from 1971 in a wide-ranging number of roles in financial and commercial management positions both in Southern Africa and Europe.
In the late 1980s, Mr. Munday was appointed finance and commercial director of AECI Explosives and Chemicals Limited. In 1990, he was appointed managing director of Dulux Paints and thereafter managing director of Polifin Limited.
In 2001, he was appointed executive director and chief financial officer of Sasol Limited with responsibility also for corporate affairs and various other portfolios.
In 2003, Mr. Munday assumed global responsibility for Sasol’s chemical businesses and in 2005 he became deputy chief executive of Sasol Limited. At the end of 2006 he retired from executive roles and became a non-executive director of various companies.
Mr. Munday is currently chairman of Reunert Limited and the lead independent director of Barclays Africa Group Limited and Absa Bank Limited. He stepped down as lead independent director of Life Healthcare Group Holdings Limited on 30 January 2014.
Mr. MacLeod joined the South African sugar industry in 1971 and became part of the Illovo group in 1973. He spent 10 years in various management positions before being appointed to the board in 1983.
Mr. MacLeod was previously finance director, was appointed managing director in 1992 and became chief executive in 1995. Upon his retirement in 2009 he became deputy chairman and in 2011 was appointed chairman. ■
Under Secretary for Economic Growth, Energy, and the Environment Jose W. Fernandez traveled to Brussels, Belgium on December 11-13 to attend the European Commission’s Raw Materials Week and to advance discussions on critical minerals projects and policies with members of the Minerals Security Partnership (MSP) and MSP Forum.