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TRUWORTHS INTERNATIONAL LIMITED - Non-Executive Director Appointment

Release Date: 15/12/2020 16:39
Code(s): TRU     PDF:  
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Non-Executive Director Appointment

(Incorporated in the Republic of South Africa)
(Registration number 1944/017491/06)
ISIN: ZAE000028296
LEI: 37890099AFD770037522
(“the company”)


The board of directors of the company is pleased to announce, in compliance with
paragraph 3.59 of the Listings Requirements of the JSE, the appointment of Mr
Emanuel (Mannie) Cristaudo as an independent non-executive director of the
company, with effect from 1 January 2021.

Mr Cristaudo (61) has a bachelor degree in commerce and has cross-industry
experience predominantly in retail and credit.

He has had extensive involvement at executive and divisional director level at
Truworths, where he was employed over a 16 year period up to 2013. During this
period he had responsibility for the credit risk, credit operations and marketing
functions, and also had involvement in information systems. He was appointed as
Truworths’ Director: Customer Relations Management and Information Systems in

Subsequent to 2013 he was a director at Direct Axis, a business unit within First
National Bank, and more recently was appointed as head of marketing at Intelligent
Debt Management Group (IDM), a debt management and debt counselling firm.

Mr Cristaudo’s appointment brings a wealth of knowledge and experience in the
field of credit and credit marketing to the company’s board.

Cape Town
15 December 2020

Sponsor in South Africa
One Capital

Sponsor in Namibia
Merchantec Capital

Date: 15-12-2020 04:39:00
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