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DRDGOLD LIMITED - Appointment of Chief Financial Officer

Release Date: 12/12/2014 12:00
Code(s): DRD04 DRD     PDF:  
Wrap Text
Appointment of Chief Financial Officer

DRDGOLD LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1895/000926/06)
JSE share code: DRD
Interest Rate Issuer code: DRDI
ISIN: ZAE000058723
Issuer code: DUSM
NYSE trading symbol: DRD
(“DRDGOLD” or “the Company”))


APPOINTMENT OF CHIEF FINANCIAL OFFICER

DRDGOLD is delighted to announce that KPMG audit partner Mr Riaan Davel has
accepted the post of Chief Financial Officer of the company with effect from
1 January 2015


He will replace Mr Anthon Meyer who was appointed acting CFO in July 2014, pending the
appointment of a permanent CFO.

Mr Davel is a qualified Chartered Accountant (South Africa), has a BCom (Hons) and an M
Com (in International Accounting) from the University of Johannesburg. He has 17 years’
experience in the professional services industry, mostly in the mining sector in Africa. As
part of gaining this experience, Mr Davel provided assurance and advisory services,
including support and training on International Financial Reporting Standards (IFRS) to
clients and teams across the African continent.

He has spent the last seven years at KPMG as audit partner, where his work included
performing audits of listed companies in the mining industry, including SEC registrants. He
has also gained experience as an IFRS technical partner, and represented the South
African Institute of Chartered Accountants on the International Accounting Standards
Board’s project on Extractive Activities from 2003 to 2010. Mr Davel also served on
committees that compile or update the South African Codes for reporting and valuation of
mineral reserves and resources.


Roodepoort
12 December 2014

Sponsor and Debt Sponsor
One Capital

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