South Africa's Sun International appoints Jabu Mabuza to its board
His appointment as a non-executive chairman will be subjected to a vote by shareholders.
South Africa’s hotel operator Sun International has appointed well-renowned businessman, Jabu Mabuza (pictured), as its non-executive chairman, the company announced on Wednesday.
Sun International said Jabu will be appointed after the end of its annual general meeting to be held on May 14, 2019 as his appointment will be subjected to a vote by shareholders.
Jabu’s appointment was announced along with the retirement of Sun International’s current chairman, Valli Moosa, who will not be standing for re-election as director at the company’s annual general meeting.
Jabu, who was previously the CEO of Sun International’s rival Tsogo Sun until 2011, currently serves as the chairman of Telkom SA, Eskom and Anheuser–Busch InBev/ SAB Miller–Africa.
He is also the chairman of Business Leadership South Africa (a body representing the interests of business), as well as the chairman of the Casino Association of South Africa.
Recently, Jabu was appointed by South Africa’s president Cyril Ramaphosa as a co-convenor together with the Minister of Finance Tito Mboweni to look into the state of the South African economy.
He holds a Doctorate in Commerce (Honoris Causa) from the University of the Witwatersrand and was also the recipient of a Lifetime Achievement Award – Ernst & Young World Entrepreneur Awards in 2016.