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Johannesburg - The Department of Energy welcomes the appointment of the new Sasol [JSE:SOL] CEO, director general Nelisiwe Magubane said on Thursday.
"We trust that he will truly partner with us in the journey towards ensuring real and meaningful transformation as well as growth in the liquid fuel sector, which will address job creation and social justice," Magubane said in a statement.
David Constable would take up the post at the petrochemicals group on July 1 2011. Sasol announced the appointment on May 6.
"As South Africa seeks to put industrialisation on a different trajectory, we believe that Sasol could, under his leadership reap spin-offs a local engineering giant in the mould of Fluor where he previously was," Magubane said.
Constable was group president of operations at US-based Fluor Corporation, which has worked with Sasol for decades.
"Having served in different executive positions within Fluor Corporation for many years, Mr Constable brings along a vast international experience.
"His expertise will certainly complement the management capital that resides within Sasol."
Canada-born Constable would be the first non-South African to head Sasol.
"I have been previously assured and remain confident that the domicile of Sasol will forever be in South Africa and that Africa will, during his tenure, feature prominently in Sasol's future expansion and investment plans," Magubane said.
"Mr Constable will be very much aware that South Africa has a unique transformation imperative and coming from an environment that is familiar with racial and cultural diversity himself, he will bring with innovative ways of ensuring that Sasol becomes a model of how a broadly representative and responsible corporate citizen should be in South Africa."
Constable takes over from Pat Davies who retires on June 30.
"We trust that he will truly partner with us in the journey towards ensuring real and meaningful transformation as well as growth in the liquid fuel sector, which will address job creation and social justice," Magubane said in a statement.
David Constable would take up the post at the petrochemicals group on July 1 2011. Sasol announced the appointment on May 6.
"As South Africa seeks to put industrialisation on a different trajectory, we believe that Sasol could, under his leadership reap spin-offs a local engineering giant in the mould of Fluor where he previously was," Magubane said.
Constable was group president of operations at US-based Fluor Corporation, which has worked with Sasol for decades.
"Having served in different executive positions within Fluor Corporation for many years, Mr Constable brings along a vast international experience.
"His expertise will certainly complement the management capital that resides within Sasol."
Canada-born Constable would be the first non-South African to head Sasol.
"I have been previously assured and remain confident that the domicile of Sasol will forever be in South Africa and that Africa will, during his tenure, feature prominently in Sasol's future expansion and investment plans," Magubane said.
"Mr Constable will be very much aware that South Africa has a unique transformation imperative and coming from an environment that is familiar with racial and cultural diversity himself, he will bring with innovative ways of ensuring that Sasol becomes a model of how a broadly representative and responsible corporate citizen should be in South Africa."
Constable takes over from Pat Davies who retires on June 30.
