JOHANNESBURG Oct 11 (Reuters) – South African cement maker
PPC Ltd said on Thursday it had appointed a former
government official with experience in private equity as its
next chief executive.
PPC said Ketso Gordhan will join the board of the company on
Nov. 1 and take over from outgoing Chief Executive Paul Stuiver
on Jan. 1.
PPC said Gordhan previously worked for the Presidency of
South Africa. Before that he was the head of private equity at
FirstRand for nearly a decade, the company said.
(Reporting by David Dolan)
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