Aveng : NEW MANAGING DIRECTOR APPOINTED AT MOOLMANS

Johannesburg, 20 March 2019: Effective 1 April 2019, Jerome Govender has been appointed as Managing Director for Moolmans, Aveng's mining arm and one of the Group's two core businesses.

'We are confident that Jerome has the necessary skills and experience to lead the turnaround intervention at Moolmans which is focused on restoring planned operational and financial performance and returning our core mining business to profitability,' says Eric Diack, Executive Chairman of Aveng.
Jerome has more than 25 years' experience in the construction industry with solid experience in both local and international environments.

Most recently, Jerome served as the Chief Executive Officer of the Cross Yarra Partnership, an approximately AUD6 billion private public partnership (PPP) rail project in Melbourne, Australia.

Before that, he was Executive Director and Chief Executive Officer of Concor Holdings following a transaction that saw most of Murray & Roberts' infrastructure and building division sold to black empowered Firefly Investments (now Concor Holdings). Jerome played a key role in the successful conclusion of this transaction.
Jerome previously spent 15 years of his career with JSE-listed Murray & Roberts Group where he served the company in various roles, including as a member of the Group's Executive Committee; Chief Executive Officer of its infrastructure and building division where he had full responsibility for operations spanning South Africa, other parts of Africa, the Middle East and Malaysia; and on secondment to lead the USD3.2 billion Gautrain Rapid Rail Link Project in Johannesburg as Chief Executive Officer of the Bombela Concession Company, which was the developer and operator of the integrated Gautrain system.

Before joining Murray & Roberts, Jerome worked briefly in the public sector as a Director in South Africa's National Department of Public Works.

Jerome holds a BSc in Quantity Surveying from the University of KwaZulu-Natal, an MSc from the University of KwaZulu-Natal as well as an MBA from Wits Business School.

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