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Neville Francis Nicolau Appointed As Chief Executive Officer Of Basil Read

The board of directors of Basil Read has announced the appointment of Neville Francis Nicolau as Chief Executive Officer and Executive Director of the Company, with effect from 1 September 2014.

Mr Nicolau brings 35 years of operating, company leadership and corporate experience, having previously been the Chief Executive Officer at Anglo American Platinum Limited and Chief Operating Officer and Executive Director of Anglogold Ashanti Limited. He has an MBA from the University of Cape Town, a B Tech, Mining Engineering, from the University of Johannesburg, completed a Management Development Programme (MDP) at Unisa, School of Business Leadership, and has a Certificate in Advanced Management Programme (AMP) from Templeton College, Oxford.

The Chairman of the Board, Mr Lester Peteni, welcomed Mr Nicolau’s appointment saying: “We are delighted to welcome a seasoned executive of Neville’s caliber to Basil Read. The Board looks forward to working with Neville to inject new energy into our efforts, as we continually improve business performance and the strategic transformation of the Company.”