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Richemont names Ramos as director

Mar 25 2011 08:26 Reuters

Company Data

Absa Group Limited [JSE : ASA]

Last traded R150.00
Change R0.00
% Change 0.00%
Cumulative volume 1.30m
Market cap R107.73bn

Last Updated: 25/05/2012 at 19:32. Prices are delayed by 15 minutes. Source: McGregor BFA

 

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Johannesburg - Swiss luxury goods group Richemont Securities [JSE:RCH], owner of the Cartier and Montblanc  has announced the nomination Absa Group [JSE:ASA] CEO Maria Ramos to its board of directors.

Ramos is also member of the executive committee of Barclays, which holds a majority stake in Absa. She was previously director-general of the treasury and CEO of Transnet.

Her appointment is subject to the approval of the shareholders at a meeting in September. Ramos will serve as a non-executive director.
 

 
 
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