Sasol director Nolitha Fakude quits

SHE LEAVES: Company says Nolitha Fakude quits in order to focus on her own business establishment PICTURE BY Sunday World.

A black woman with high corporate and management skills has quit as Sasol director.

The company said Nolitha Fakude quits in order to concentrate on her own businesses.

“She has resigned in order to do her own businesses,” Sasol spokesman Alex Anderson told 013NEWS on Wednesday night.

The chemical and energy giant announced Fakude’s resignation on Monday this week and said this is effective on 31 December 2016.

“She will continue to serve as a trustee of the Inzalo Foundation Trust though,” Anderson said.

Fakude leaves the company after her appointment in 2005.

She was one of the 14 members of the board of directors at the company – of which 11 are males.

Fakude has previously served at the Nedbank Group and Woolworths Group and is a member of the Black Management Forum.

“She has a more than 22 years experience in the corporate environment. She contributed transformation strategies. Through the Group Partnership Forum we found a best way of interacting with labour.

“The Group Partnership Forum model is now the recognised model for improved industrial relations in a multi-trade union environment.

“She also helped established the Sasol Women’s Network, which is about

the economic development of women in the country,” said Anderson.

(edited by ZK)

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