Village restructures board

26th January 2015 By: Natasha Odendaal - Creamer Media Senior Deputy Editor

JOHANNESBURG (miningweekly.com) – As part of its ongoing restructure and strategic review, Village Main Reef has reshuffled its board, effective February 1.

Village appointed Octavia Matloa as deputy chairperson and lead independent nonexecutive director, while Godfrey Ntoele would assume the role of independent nonexecutive director after Khetiwe McClain resigned to pursue opportunities related to the rehabilitation of Village subsidiary Buffelsfontein.

Executive director Dalu Ncube resigned to pursue personal business interests that could potentially present a conflict of interest.

“This current restructuring supports Village’s objective of having an appropriately sized and configured board of directors and is aligned with the reorganisation taking place throughout the company,” Village chairperson Bernard Swanepoel said in a statement.