Northam Holdings Appoints Geralda Wildschutt as Independent Non-Executive Director

  • Geralda Wildschutt appointed as independent director: Expertise in ESG, experience in gold mining, and academic qualifications.
  • Changes to SEHR&T Committee: Wildschutt joins, Paul Dunne steps down, ensuring continuity and governance enhancement.
  • Northam Holdings prioritizes sustainability: Emphasizes ESG competency, reinforces commitment to sustainable business practices, and proactive governance approach.
Published by
Lethabo Ntsoane

In a strategic move aimed at bolstering its expertise in environmental, social, and governance (ESG) matters, Northam Holdings Limited has announced the appointment of Mrs. Geralda Wildschutt as an independent non-executive director. The decision, in compliance with paragraph 3.59 of the JSE Limited Listings Requirements, signifies the company’s commitment to enhancing its governance structures and sustainability initiatives.

Background and Expertise

Mrs. Wildschutt brings a wealth of experience to her new role, having served as an independent non-executive director of Caledonia Mining Corporation Plc, a prominent gold mining company listed on the New York Stock Exchange and AIM of the London Stock Exchange. Her involvement in the Climate Change Advisory Panel of Sasol Limited, a key player in the South African energy sector, further underscores her proficiency in ESG matters. With a background in psychology and an MBA from a prestigious business school, Mrs. Wildschutt’s academic qualifications complement her extensive practical experience in advising leading corporations on ESG strategies.

Changes to SEHR&T Committee

Effective from Friday, 1 March 2024, Mrs. Wildschutt will assume her role as a member of Northam Holdings’ Social, Ethics, Human Resources, and Transformation (SEHR&T) committee. This appointment reflects the company’s dedication to fostering diversity and expertise within its governance structures. In light of Mrs. Wildschutt’s appointment, Mr. Paul Dunne, the Chief Executive Officer of Northam Holdings, will step down from his position on the SEHR&T committee, facilitating a smooth transition and ensuring continuity in the committee’s operations.

Table: Northam Platinum Bonds

Bond CodeBond ISIN
NHM015ZAG000164922
NHM016ZAG000167750
NHM019ZAG000168105
NHM021ZAG000181496
NHM022ZAG000190133
NHM023ZAG000190968
NHM024ZAG000195926
NHM025ZAG000195934
NHM026ZAG000195942

Conclusion

Northam Holdings’ decision to appoint Mrs. Geralda Wildschutt as an independent non-executive director reflects its proactive approach to governance and sustainability. With her extensive experience and academic background, Mrs. Wildschutt is poised to play a pivotal role in guiding the company’s ESG strategies and contributing to its long-term success.

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Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo