AFRICAN BANK LIMITED - ABKI - Changes to the board of directors of African Bank Limited and African Bank Holdings Limited and committees

ABKI - Changes to the board of directors of African Bank Limited and African Bank Holdings Limited and committees

AFRICAN BANK LIMITED
(Incorporated in the Republic of South Africa)
(Registered Bank)
(Registration No. 2014/176899/06)
LEI: 2549008X8SL1B1J86F98
Company code: ABKI
(“ABL” or the “Bank”)

CHANGES TO THE BOARD OF DIRECTORS OF AFRICAN BANK LIMITED (“ABL”) AND AFRICAN BANK
HOLDINGS LIMITED (“ABHL”) AND BOARD COMMITTEES

As announced on the JSE Limited Stock Exchange New Services on 31 March 2023, the Board of
Directors of ABHL and ABL had approved the appointment of Mr Dharmalingam as an Independent
Non-Executive Director (“INED”) on the Board of ABL and as the Chairman of the Audit and
Compliance Committee (“ACC”) effective 31 March 2023, subject to approval by the Prudential
Authority (“PA”).

The PA has provided confirmation that they have no objection to the proposed appointment of Mr
Dharmalingam as an INED of ABL and as the Chairperson of the ACC in terms of section 60(5) of
the Banks Act.


23 May 2023
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 23-05-2023 05:00:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.