DATATEC LIMITED - Board change: appointment of Maya Makanjee, resignation of Funke Ighodaro and committee changes

Release Date: 30/10/2018 08:00
Code(s): DTC
 
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Board change: appointment of Maya Makanjee, resignation of Funke Ighodaro and committee changes

Datatec Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1994/005004/06)
ISIN: ZAE000017745
Share Code: DTC
(“Datatec” or “the Company” or “the Group”)

BOARD CHANGE: APPOINTMENT OF MAYA MAKANJEE, RESIGNATION OF FUNKE
IGHODARO AND COMMITTEE CHANGES

Datatec Limited, the international Information and Communications Technology (ICT) company,
announces the appointment of Ms Maya Makanjee as an independent non-executive director of
the Company as well as a member of the Remuneration Committee and Social & Ethics Committee,
with effect from 1 November 2018.

Ms Makanjee is an experienced independent non-executive director who currently sits on the
boards of Tiger Brands Limited, Mpact Limited, the AIG South Africa Group, Truworths International
Limited, the NOSA Group, the Nelson Mandela Foundation and FEM Education Foundation. She
was previously a director of Vodacom (Pty) Limited, Chairman of the Vodacom Foundation South
Africa and a board member of World Wide Fund for Nature.

Ms Makanjee holds a Master’s degree in Business Leadership (MBL) from the University of South
Africa, a Bachelor of Commerce degree from the University of KwaZulu-Natal in Durban and a
Bachelor of Fine Arts degree from the University of Mumbai.

Datatec also announces that Ms Olufunke “Funke” Ighodaro will step down from the Datatec Board
with effect from 31 October 2018 after eight years of service. Ms Ighodaro’s resignation is in-line
with the requirements of her new executive directorship at another listed company.

The following appointments to Board Committees have also been made with effect from 1
November: Mr John McCartney has been appointed a member of the Audit, Risk and Compliance
Committee; and Ms Ekta Singh-Bushell has been appointed to the Nomination Committee.

Stephen Davidson, Chairman of the Board, commented:

“We are delighted to welcome Maya to the Board. She has extensive independent non-
executive director experience and I look forward to her contributions and fresh
perspectives.

“At the same time, we are very sorry to lose the benefits of Funke’s participation after eight
years of continuous contribution to Datatec and wish her well in her new executive role.”

Johannesburg
30 October 2018
Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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