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Pan African appoints new FD

20th February 2015

By: Creamer Media Reporter

  

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JOHANNESBURG (miningweekly.com) – Dual-listed Pan African Resources has appointed Deon Louw to succeed Cobus Loots as FD.

The gold mining company had announced earlier this month that CEO Ron Holding would step down on March 1 and would be succeeded by Loots.

Louw is a qualified chartered accountant and holds a higher diploma in tax law.

He was FD of Sentula Mining between 2007 and 2014 and was previously the head of structured resource finance at Investec Bank.

“The board welcomes Deon and we wish him well in his new role. We are confident that his extensive experience in the South African mining sector will add value to the Pan African business,” commented Pan African chairperson Keith Spencer.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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