– UK, London / SOUTH AFRICA – Pan African Resources PLC (AIM: PAF / JSE: PAN) wishes to advise shareholders it will appoint Deon Louw (52) as FD of the Company, to replace Cobus Loots who, as previously announced, will become CEO.
Both appointments will take effect from 1 March 2015.
Mr. Gideon Petrus Louw is a South African qualified chartered accountant and a CFA® charterholder. He also holds a Higher Diploma in Tax Law. Most recently Mr. Louw was the FD of the JSE-listed mining services group Sentula Mining Limited, a position he held from 2007 to 2014. He was also previously the head of structured resource finance at Investec Bank Limited.
Keith Spencer, Chairman of Pan African, commented: “The Board welcomes Deon and we wish him well in his new role. We are confident that his extensive experience in the South African mining sector will add value to the Pan African business”.
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