LBK28 LBK11 LBK20 LBK24 LBK30 LBK31 LBK29 LBK17 LBK18 LBK25 LBK26 LBK27 LBK15 LBK08 LBK32 LBK23 LBK05 LBK16 LBK33 LBK22 LBK14 201812070046A
The Land and Agricultural Development Bank of South Africa
(JSE Code: BILB)
(‘the Land Bank’)
Further to yesterday’s announcement regarding the Land Bank’s Chief Executive
Officer, the Land Bank wishes to confirm that Mr, TP Nchocho has tendered his
resignation. The Board of Directors has accepted TP’s resignation with
immediate effect and expresses its sincere appreciation for the contributions
made by TP and wishes him well with his future endeavours.
Mr. Bennie van Rooy, the Chief Financial Officer, has been appointed as
Acting CEO until such time that a permanent appointment is made.
The Board would like to assure its support and commitment to the Bank during
this time of change and wish Bennie and the rest of the management team well
in continuing to steer the Bank towards its goals and objectives.
7 December 2018
The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Kea Sape SBSA (011) 721 5594
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