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PPC LIMITED - Group Structure and Executive Realignment

Release Date: 18/11/2015 16:10
Code(s): PPC     PDF:  
Wrap Text
Group Structure and Executive Realignment

PPC Ltd
(Incorporated in the Republic of South Africa)
(Company registration number: 1892/000667/06)
JSE Code: PPC
ISIN: ZAE 000170049
("PPC" or the "Company")


GROUP STRUCTURE AND EXECUTIVE REALIGNMENT

In line with the revised strategy of transforming PPC into a world-class provider of materials and
solutions, our reporting structures at Group executive level have been realigned to better suit our
growth ambitions.

A new Commercial division has been established to optimise various growth and development
opportunities, enhance business and commercial intelligence and drive innovation. Business
Development which previously reported into MD International will now form part of the Commercial
division.

Our businesses in Rwanda, Zimbabwe and Botswana are all at an advanced stage and we have
ambitious plans for DRC and Ethiopia which requires full time focus at an executive level. We are
pleased to announce the appointment of Njombo Lekula as the MD of International Operations. He
replaces Pepe Meijer, who after twenty eight years of loyal service has decided to take a break from
corporate life.

Njombo Lekula is an engineer by profession and holds an MBA from the University of Stellenbosch. 
Having joined PPC in 1990, he has over 20 years of experience and has held various operational and
management positions within the company including Executive Group services. He joined PPC
Zimbabwe from May 2013 in the position of Managing Director and is a member of the PPC Ltd
management committee. 

Another exciting development is the establishment of a materials business which will drive cement
volumes and solutions through our current subsidiaries including aggregates, Pronto, Ulula Ash, Lime
and potential acquisitions. The materials business will report into Johan Claassen, MD RSA
Operations.

On behalf of the Executive team, Chief Executive Officer Darryll Castle thanks Pepe for his
contribution over the years and wishes him well in his future endeavours.



Sandton

18 November 2015



Sponsor:

Merrill Lynch South Africa (Pty) Limited

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