Valterra Platinum has made board changes as part of ongoing efforts to optimise its governance structures and ensure appropriate membership of board committees.
Join our WhatsApp channel for more updates on Valterra Platinum
Fagmeedah Petersen-Cook and Deborah Gudgeon have been appointed to the audit and risk committee. Suresh Kana remains the chairperson and Lwazi Bam and Thevendrie Brewer remain members.
The governance committee has been combined with the social, ethics and transformation committees and renamed the social, ethics and governance committee.
Norman Mbazima has stepped down and Suresh Kana, as lead independent director, Thoko Mokgosi-Mwantembe, Deborah Gudgeon, Steve Phiri and Dorian Emmett have been appointed as additional members. Lwazi Bam remains the chairperson and Roger Dixon and Thevendrie Brewer remain members.
The remuneration committee has been renamed the people and remuneration committee, and its mandate expanded to include matters related to employment, diversity, empowerment, employee development and organised labour, all matters previously dealt with by what was known as the social, ethics and transformation committee.
The people and remuneration committee will report to the social, ethics and governance committee as needed for it to discharge its statutory obligations.
ALSO READ: Despite fatalities, Valterra reconfirms commitment to zero harm
Thoko Mokgosi-Mwantembe and Deborah Gudgeon have been appointed as additional members. Thevendrie Brewer remains the chairperson and Hennie Faul and Steve Phiri remain members.
The safety and sustainable development committee has been renamed the sustainability committee and Hennie Faul and Fagmeedah Petersen-Cook have been appointed as additional members.
Dorian Emmett remains the chairperson and Norman Mbazima, Suresh Kana and Roger Dixon remain members. Thevendrie Brewer has been appointed to the nomination committee.
The directors believe the membership of each committee ensures that suitably qualified and experienced office bearers serve on the respective committees.
All appointments to statutory committees are subject to confirmation by the shareholders of the company at its next annual general meeting.