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LAND & AGRICULTURAL DEV BANK OF SA - Resignation of Executive Committee members

Release Date: 22/09/2017 15:31
Wrap Text
Resignation of Executive Committee members

THE LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
(JSE Code: BILB)
(“the Land Bank”)


Resignation of Executive Committee members


The Land Bank hereby announces the resignation of two (2)
members of the Executive Committee of the Bank.

Jerome Mthembu has resigned as Executive Manager: Legal
Services with effect from 31 December 2017. Jerome has been
with the Bank as Executive Manger since April 2009.

Willie Jacobs has resigned as Executive Manager: Agricultural
Economics & Advisory with effect 30 November 2017. Willie has
been with the Bank since August 2015.

The Bank expresses its sincere appreciation for the
contributions made by Jerome and Willie and wishes them well
with their future endeavours.

The process for the appointment of an Executive Manager: Legal
Services and Executive Manager: Agricultural Economics &
Advisory has already been initiated.


22 September 2017

Comments by:
Land and Agricultural Development Bank of South Africa

Enquiries:
Bennie van Rooy, Chief Financial Officer
Tel: 012 686 0914
bvanrooy@landbank.co.za

Debt Sponsor
The Standard Bank of South Africa Limited

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