– SOUTH AFRICA, Johannesburg – AECI LIMITED (JSE: AFE / LON: 87FZ) announced the appointments of July Ndlovu and Billy Mawasha to its Board as independent non-executive directors effective from 1 January 2025.
“The addition of Mr. Ndlovu and Mr. Mawasha to the Board of AECI is an exciting achievement that both strengthens our governance and further diversifies the directorship. Their invaluable leadership experience and deep knowledge of the mining industry will contribute significantly towards enabling the Group’s sustainable growth” – said Board Chair., Dr. Khotso Mokhele.
About July Ndlovu
July Ndlovu’s career spans over 30 years in mining operations, culminating in his appointment as CEO of Thungela Resources Limited. He has been an executive in mining since 2007, overseeing a variety of commodities across various markets. He brings extensive experience in mining operations, large-scale projects, and mergers & acquisitions in Southern Africa and Australia. He is known for his integrity and visionary approach and is highly respected for his ability to drive growth while maintaining a strong commitment to safety and operational excellence. July Ndlovu serves as Board Chair of Futurecoal.
His academic credentials include a Master’s Degree in Business Leadership from the University of South Africa and a BSc in Metallurgical Engineering from the University of Zimbabwe. He has previously held senior positions at leading organizations, including Anglo American plc, Bindura Nickel Corporation, Zimas, Co., and Zimbabwe Alloys. He also served as the Board Chair of Unki Platinum Mine.
About Billy Mawasha
Billy Mawasha has extensive leadership experience in the South African mining industry. He has held various executive leadership positions in De Beers, AngloGold Ashanti Limited, and Kumba Iron Ore Limited. He was the Country Head of Rio Tinto, South Africa, and the Managing Director of Richards Bay Minerals.
Billy Mawasha holds a BSc, in Electrical Engineering, from the University of Cape Town and brings a wealth of experience in driving growth, innovation, operations, risk management, investments, and project delivery. He is the founder and CEO of Kolobe Nala Investment Company and a non-executive director of Exxaro Resources Limited, Impala Platinum Limited and Metair Investments Limited.
For more: https://www.aeciworld.com/
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