The Mondi Group appointed Tshamano Mohau Frederik (‘Fred’) Phaswana as joint chairman with effect from June 1, 2013. He will replace Cyril Ramaphosa who, as announced in January, stepped down at the conclusion of the Annual General Meetings on May 3, 2013.

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Mondi Group appointed Fred Phaswana as joint chairman

May 22, 2013. /Lesprom Network/. The Mondi Group appointed Tshamano Mohau Frederik (‘Fred’) Phaswana as joint chairman with effect from June 1, 2013. He will replace Cyril Ramaphosa who, as announced in January, stepped down at the conclusion of the Annual General Meetings on May 3, 2013, as the company said in a press release received by Lesprom Network.

Fred Phaswana is chairman of Standard Bank Group and The Standard Bank of South Africa. He is also chairman of the South African Institute of International Affairs and non-executive director of Naspers Limited. He was formally regional president of BP Africa, a non-executive director of Anglo American plc and chairman of Anglo American South Africa, Anglo Platinum, Transnet, Ethos Private Equity, the South African Energy Association and the Advisory Board of the Cape Town Graduate School of Business. He is also former honorary president of the Cape Town Press Club.

With effect from June 1, 2013, Fred will be a member of the DLC nominations committee.

David Williams, Joint Chairman, commented: “The Mondi Group Boards and I are delighted that Fred will be joining us. He brings extensive experience in board and senior business leadership roles and his knowledge of the South African business environment will be of particular benefit to Mondi.”

Mondi is an international packaging and paper Group. Mondi Group is fully integrated across the packaging and paper value chain, from the growing of wood and the production of pulp and paper (packaging paper and uncoated fine paper), to the conversion of packaging paper into corrugated packaging, industrial bags, extrusion coatings and release liner. Mondi is also a supplier of innovative consumer packaging solutions, advanced films and hygiene products components.