Westonaria, South Africa - February 25, 2013, Westonaria, South Africa - Sibanye Gold announced the appointment of Timothy Cumming, Barry Davison, Nkosemntu Nika and Susan van der Merwe as independent non-executive directors.
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Mr. Cumming is the founder and partner of Scatterlinks, a company offering mentoring and coaching to senior business executives. He was CEO of the OM Investment Group SA, Executive Vice president-Director of Global Business Development of Old Mutual Asset Management (USA), Managing Director - Head of Corporate Segment of Old Mutual (South Africa), Strategy Director of Old Mutual (Emerging Markets) and Interim CEO of Old Mutual Investment Group (South Africa). He was also Executive Director and Head of Investment Research (Africa) for HSBC Securities.
Mr. Cumming started his career as a management trainee at Anglo American Corporation of South Africa and worked on a variety of gold and diamond mines including being Resident Engineer at Anglo American Corporation's gold mines in Welkom. His qualifications include a BSC Engineering (Hons) from the University of Cape Town and BA (Oxon) (PPE) and MA (Oxon) from the Oxford University in the United Kingdom.
Mr. Davison has more than 40 years of experience in the mining industry and has served as Executive Chairman of Anglo American Platinum, Chairman of Anglo American plc?s Ferrous Metals and Industries Division and Executive Director of Anglo American. He was a director of Nedbank banking Group, Kumba Resources Limited, Samancor Limited and the Tongaat-Hulett Group Limited.
Mr. Davison's qualifications include a Bachelor of Arts degree in law and economics from the University of The Witwatersrand, a Graduate?s Commerce Diploma from Birmingham University in the United Kingdom, a CIS Diploma in Advanced Financial Management and an Advanced Executive Programme from the University of South Africa.
Mr. Nika is currently an independent non-executive Director of Scaw South Africa, ConvergeNet Holdings Limited and Chairman of the Audit and Risk Committee of Foskor. He was previously Chief Financial Officer and Finance Director of PetroSA (SOC) Limited and Executive Manager: Finance at the Development Bank of Southern Africa. He has held various internal auditing
positions at Eskom, Shell and Anglo American Corporation Limited.
Mr. Nika was also a non-executive Board member of the Industrial Development Corporation and chaired the Board Audit Committee, and Governance and Ethics Committee. His qualifications include a B Com, B Compt (Hons), CA (SA) and an Advanced Management Programme (INSEAD).
Ms. van der Merwe is a Member of Parliament where she has served in various capacities since 1996. She currently serves on the Portfolio Committee on Trade and Industry. She was previously the Deputy Minister of Foreign Affairs for the period 2004 to 2010. She is currently a member of the National Executive Committee of the African National Congress. ■