New Appointments: Black Rhino, Impala Platinum name new chairmen

Two recent chairmen appointments in Africa include private equity and platinum mining.

Lagos, Nigeria: Former Nigerian Central Bank Governor Lamido Sanusi is the new chairman of Black Rhino’s board of directors.

Black Rhino formed in January 2012 to develop and invest in infrastructure projects in Sub-Saharan Africa’s power generation and fuel transportation sectors.

Black Rhino CEO Brian Herlihy said Mr. Sanusi “will provide business as well as moral guidance in all our endeavors across Africa.

Mr. Sanusi, also the Emir of Kano, said “We live in a time of intense competition for capital and I do hope that by joining the board I can play some part in bringing some of that capital nearer to home.”

Johannesburg, South Africa: Impala Platinum Holdings Ltd. appointed Mandla Gantsho as its new chairman. He’s currently chairman at energy company Sasol Ltd. and a director on Impala’s board. The appointment will begin October 21, 2015.

Dr. Gantsho replaces Khotso Mokhele who has been chairman of the world’s second largest platinum company since 2009 and will step down in October at the Annual General Meeting.

Dr. Gantsho’s prior appointments include Vice President Operations: Infrastructure, Private Sector & Regional Integration of the African Development Bank from 2006 to 2009 and chief executive officer and managing director of the Development Bank of Southern Africa. He’s also served as a director of the South African Reserve Bank from 2011 to 2013.

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