Reunert Appoints Alex Darko as Independent Non-Executive Director, Effective 1 October 2019
September 04, 2019 at 09:31 am EDT
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The board of directors of Reunert announced the appointment of Mr. Alex Darko to the Board as an independent non-executive director, with effect from 1 October 2019. He will also serve as a member of the Audit, Remuneration, and Social, Ethics and Transformation committees. Through the course of his career he held a number of senior management positions at Dun & Bradstreet Corporation in the United Kingdom and was head of Knowledge and Information Management (CIO) at AngloGold Ashanti. He is a director of Nkululeko Leadership Consulting which specialises in organisational culture, leadership, change management and strategy. Alex serves on the board of ABSA Group Limited, where he is a member of various board committees and chairs the Information Technology and the Group Remuneration committees.
Reunert Limited is a diversified group organized around 3 areas of activity:
- electric engineering services (51.9% of net sales): design, manufacturing, installation and maintenance of electric cables, fiber optics, transformers, low, medium and high voltage switching systems, etc. primarily for the public services, mining industry and real estate construction sectors;
- telecommunication services (22.2%): design and development of office solutions and vocal communication systems, and networking of data for professionals, individuals, government administrations and parastatal companies;
- design and manufacturing of defense systems and equipment (25.8%): communication tactic systems, terrestrial and naval research systems, fuses, artillery products, etc.;
- other (0.1%).
Net sales are distributed geographically as follows: South Africa (70.8%), Africa (15.1%), Asia (5.6%), Europe (4.9%), Australia (1.9%) and Americas (1.7%).