n compliance with paragraph 3.59 of the JSE Listings Requirements, Buka Investments Limited (JSE code: BKI) has announced significant changes in its Board of Directors, effective as of 3 March 2024. These changes come following the resignation of Paul Inbona as a non-executive director and Chairman of the Audit and Risk committee, effective 29 February 2024.
Outgoing Director and Chairman Resigns
Paul Inbona, a respected figure within the company, has stepped down from his role as a non-executive director and Chairman of the Audit and Risk committee. Inbona’s departure marks the end of an era, during which he provided invaluable insight and leadership to the Board.
New Appointments
In the wake of Inbona’s resignation, Buka Investments Limited has welcomed three new members to its Board of Directors:
| Name | Position |
|---|---|
| Steve Naude | Independent Non-Executive Director |
| Member of the Audit and Risk Committee | |
| Member of the Remuneration Committee | |
| Melinda Malan | Independent Non-Executive Director |
| Chairperson of the Audit and Risk Committee | |
| Mahomed Irfan Bux | Non-Executive Director |
Profiles of New Directors
Acknowledgement and Welcome
The Board of Buka Investments Limited expresses gratitude to Paul Inbona for his dedicated service to the company and welcomes the new directors, Steve Naude, Melinda Malan, and Mahomed Irfan Bux, to their respective positions. These appointments reflect the company’s commitment to maintaining a strong and diversified leadership team to navigate the evolving business landscape.
Conclusion
As Buka Investments Limited undergoes these changes in its Board of Directors, shareholders can anticipate a continued focus on strategic growth and sound corporate governance. The addition of experienced professionals like Naude, Malan, and Bux underscores the company’s dedication to driving sustainable value for its stakeholders.
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