News South Africa

Nominations open for non-exec SARB director

The term of office of one shareholder elected non-executive director of the Board of Directors of the SA Reserve Bank (SARB) will expire at the AGM to be held in July 2012.
Nominations open for non-exec SARB director

"Any shareholder, director of the Bank or any member of the general public may nominate persons to be considered as candidates to serve as an elected non-executive director of the Bank," the SARB said in a notice on its website on Thursday.

"The Act requires Board members to have knowledge of, and skills in, particular aspects of the economy. The vacancy that will arise requires that nominees should have knowledge of, and skills in, Commerce or Finance," the SARB added.

Nomination and consent forms, a format for the submission of a Curriculum vitae of the nominated candidate and a statement to be completed and signed by the nominated candidate are available on the SARB's website.

Source: I-Net Bridge

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