JOHANNESBURG, July 22, 2016 /PRNewswire/ --
Gold Fields Limited (Gold Fields) (JSE,
NYSE: GFI) is pleased to announce the appointments of Alhassan Andani and Peter Bacchus as independent non-executive
directors to the Board of Gold Fields. This brings to four the
announcements of new non-executive directors to the Gold Fields
Board over the past two months.
The appointment of Mr Andani takes effect on 1 August 2016 and that of Mr Bacchus on
1 September 2016. Earlier this month
Gold Fields announced that former KPMG Africa Chair Yunus Suleman will join the Board on
1 September 2016, while Impala
Platinum CEO Terence Goodlace joined
as a director on 1 July 2016.
Gold Fields Chairperson Cheryl
Carolus said the four new directors will ensure continuity
of the skillset of the Board as a number of the current directors
were approaching retirement age over the next two years. Former
director David Murray stepped down
from the Board on 1 June 2016.
"The new directors provide the technical, financial, commercial
and global mining experience necessary to help Gold Fields maintain
and further strengthen its position as a global leader in
sustainable gold mining," Ms Carolus said.
Mr Andani (55) is currently Chief Executive and Executive
Director of Stanbic Bank Ghana. He has held various directorship
positions and is currently the Board Chairman of the Ghana CSIR
(Council for Scientific & Industrial Research) and a director
of SOS Villages Ghana. He holds a BSc in Agriculture from the
University of Ghana and a Master's
Degree in Banking and Finance from the Finafrica Institute in
Italy.
Mr Bacchus (47) is the Global Head of Mining & Metals and
Joint Head of European Investment Banking at investment bank
Jefferies, based in London. Prior
to this position he was Global Head of Mining & Metals at
Morgan Stanley and before then Head of Investment Banking,
Industrials and Natural Resources at Citigroup. Mr Bacchus has over
20 years' experience in investment and corporate banking with a
focus on the global natural resources sector. He is also a
non-executive director of UK-listed mining group NordGold and a
trustee of Space for Giants, an African-focused conservation
charity. He is a qualified Chartered Accountant and holds a Masters
in Economics from Cambridge University,
United Kingdom.
Notes to editors
About Gold Fields
Gold Fields Limited is an unhedged, globally diversified
producer of gold with eight operating mines in Australia, Ghana, Peru
and South Africa with attributable
annual gold production of approximately 2.0 million ounces. It has
attributable Mineral Reserves of around 46 million ounces and
Mineral Resources of around 102 million ounces. Attributable copper
Mineral Reserves total 532 million pounds and Mineral Resources
5,912 million pounds. Gold Fields has a primary listing on the JSE
Limited, with secondary listings on the New York Stock Exchange
(NYSE) and the Swiss Exchange (SWX).
Sponsor: J.P. Morgan Equities South Africa (Pty) Ltd
Enquiries
Investors
Avishkar Nagaser
Tel: +27-11-562-9775
Mobile: +27-82-312-8692
Email : Avishkar.Nagaser@goldfields.co.za
Thomas Mengel
Tel: +27-11-562-9849
Mobile: +27-82-315-2832
Email:Thomas.Mengel@goldfields.co.za
Media
Sven Lunsche
Tel: +27-11-562-9763
Mobile: +27-83-260-9279
Email : Sven.Lunsche@goldfields.co.za
SOURCE Gold Fields Limited, South
Africa