– SOUTH AFRICA – Aquarius Platinum Limited is pleased to announce the appointment of Sir Nigel Rudd to the Board of Directors and as Chairman Designate with effect from 1st November 2014.
Nicholas Sibley, who has been a Director since 1999 and Chairman since 2002, will be stepping down on 28th February, 2015 and Sir Nigel will become Chairman on 1st March, 2015.
Sir Nigel, aged 67, is a Chartered Accountant with a wealth of experience in industry. He has held various senior management and board positions. His participation will strengthen both the Company and the Board. Sir Nigel has been involved with South African companies for over 25 years and for the last seven has been a non-executive director of Sappi where he is their lead director. He is a founder shareholder of Atlas Mara which has interests in banking in Southern Africa including Zimbabwe.
In the United Kingdom Sir Nigel’s current Chairmanships are Heathrow Airport Holdings Limited, BBA Aviation plc and the Business Growth Fund. His former Chairmanships include Pilkington plc, Boots plc and Williams plc. He was a non-executive director of Barclays plc for 13 years and Deputy Chairman for 6 years. Sir Nigel was knighted for services to the manufacturing industry in 1996. He is married and has three children. He is Chancellor of Loughborough University and a Freeman of the City of London.
Commenting on the appointment, Aquarius’ Chairman Nicholas Sibley said: “Having been a non-executive Director of Aquarius for 15 years and Chairman since 2002 it is time for me to step down. I am delighted that Sir Nigel has accepted the Board’s invitation to join the Board. I can think of no better person to take my place as Chairman and nobody whom I would be happier to see in it. He brings a wealth of experience and knowledge in a wide range of business particularly in Southern Africa and I am sure that he will make a great contribution to the ongoing growth and success of the company.”
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