Implats is a blue-chip resource investment, drawing shareholders from across the globe. Currently approximately 40% of the company's shareholders are drawn from outside of South Africa. In addition to its listing on the JSE in South Africa, the company also trades as a level 1 American Depository Share in the United States.
Implats is pleased to announce the appointment of Mandla Gantsho and Babalwa Ngonyama as independent non-executive directors to the Board of Directors of the Company with effect from 1 November 2010.
Mandla is a chartered accountant by profession and holds a Ph.D. in entrepreneurship. He joined the African Development Bank in 2006. Previously he worked as Chief Executive Officer and Managing Director of the Development Bank of South Africa following a number of years as its Chief Financial Officer. He has also held a number of senior management positions at Transnet and Engen. He is currently the Chief Executive Officer of Nova Capital Africa and serves on the Sasol Limited board of directors.
Babalwa Ngonyama is also a chartered accountant with a distinguished track record. In addition to her CA qualification, she has an MBA and a Higher Diploma in banking law. She has served as group chief internal auditor of Nedbank and is a former audit partner in Deloitte’s Financial Institutions Services Team (FIST) and chairperson of the Transformation Advisory Board. She is the founding chairperson of the African Women Chartered Accountants (AWCA) and is currently a member of its advisory board. Currently, she is the Chief Financial Officer and a director at Safika Holdings (Proprietary) Limited and also serves on the board of directors of Highveld Steel and Vanadium.