The board of directors of Reunert announced the appointment of Mr. Mohamed Husain as an independent non-executive director of the Company, with effect from 1 November 2020. He will also serve as a member of the Investment Committee, Nomination & Governance Committee, and Remuneration Committee. Mr. Husain is appointed as the chair-elect of the Board and will assume this role by no later than the annual general meeting of Reunert to be held in February 2022, as agreed between the Nomination & Governance Committee, the current chair (Mr. TS Munday) and Mr. Husain. Mr. Husain will be provided with the opportunity to familiarise himself with the Board and the Reunert group of companies during the months ahead, before he succeeds to the role of chair. Mr. Husain is a practising attorney and a director of the law firm Knowles Husain Lindsay Inc. In his distinguished career, he has served in various leadership roles and gained valuable experience in a wide range of activities, including as a member of the Council of the Law Society of South Africa for 15 years and chair of Andulela Investment Holdings Limited for 10 years. He enjoys particular recognition in the fields of dispute resolution and commercial litigation. Mr. Husain recently retired from the ABSA Group Limited and ABSA Bank Limited boards, both of which he served on from 2008 to 2020 in a non-executive capacity. During his tenure at ABSA Group and ABSA Bank he served as either the chair, or a member of, various committees. He further served as the lead independent director of both ABSA Group and ABSA Bank from 2018 to June 2020.
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%).
REUNERT LIMITED 
