Tongaat Hulett appoints David Noko as interim chairperson
David steps in for Louis von Zeuner, who won’t be available for re-election as chairman.
Tongaat Hulett has announced the appointment of David Noko as its interim chairperson after Louis von Zeuner informed the board that he will not be available for reelection as chairman due to personal circumstances.
“In welcoming David as the interim chairman, we take comfort that our efforts to complete the turnaround and recapitalisation will benefit from an exceptional depth of management expertise on the board,” said Tongaat CEO Gavin Hudson.
David has served as lead non-executive director on the Tongaat board since July 2020 and is currently the lead independent non-executive director. He has an HND in mechanical engineering, an MDP and an MBA, and is the lead advisor at his consultancy company, ESG Advisory.
He was executive vice president at AngloGold Ashanti and has served as CEO of Air Chefs, as well as MD and CEO of De Beers Consolidated Mines.
David also served on the boards of several prominent companies, is a chartered director, a member of the Institute of Directors and is chairman of the Council of the University of the Free State.
Louis will remain on the board to assist with a smooth transition and handover until 30 June, at which time he will also be resigning as an independent non-executive director of the sugar producer.
“On behalf of the board and executive team of Tongaat Hulett, we wish to sincerely thank Louis for his exceptional leadership, guidance and support during the difficult time that THL faced when he took over the role as chairman. We wish him every success in his future endeavours,” Gavin concluded.