Hixonia Nyasulu. Photo: sasol.investoreports.com
Sasol, the South African energy firm, elected a black chairwoman to lead the company's board, a notable at a company that had once been seen as dragging its feet on empowering historically disadvantaged victims of decades of racial segregation.
Hixonia Nyasulu, 54, is the founder of a women-controlled investment vehicle called Ayavuna Women's Investments. She is the first woman and the first black person to chair Sasol, which makes fuel from coal.
"Although there is continuity, she will make a positive impact in a business where it is relatively unusual to have a woman in charge. Her appointment better reflects the make up of a new South Africa," Jonathan Kennedy-Good, an analyst with Deutsche Securities, told Forbes.com. "She represents a very stable leadership within the company as she has been with them for some time," he said.
See full news item
Reuters contributed to this article.
2008 Forbes.com LLC™
September 9, 2008
SOUTH AFRICA: Nyasulu To Chair Sasol
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LONDON, England (Forbes Magazine), September 8, 2008:
Faces In The News
By Javier Espinoza
Hixonia Nyasulu. Photo: sasol.investoreports.com
Sasol, the South African energy firm, elected a black chairwoman to lead the company's board, a notable at a company that had once been seen as dragging its feet on empowering historically disadvantaged victims of decades of racial segregation.
Hixonia Nyasulu, 54, is the founder of a women-controlled investment vehicle called Ayavuna Women's Investments. She is the first woman and the first black person to chair Sasol, which makes fuel from coal.
"Although there is continuity, she will make a positive impact in a business where it is relatively unusual to have a woman in charge. Her appointment better reflects the make up of a new South Africa," Jonathan Kennedy-Good, an analyst with Deutsche Securities, told Forbes.com. "She represents a very stable leadership within the company as she has been with them for some time," he said.
See full news item
Reuters contributed to this article.
2008 Forbes.com LLC™
Hixonia Nyasulu. Photo: sasol.investoreports.com
Sasol, the South African energy firm, elected a black chairwoman to lead the company's board, a notable at a company that had once been seen as dragging its feet on empowering historically disadvantaged victims of decades of racial segregation.
Hixonia Nyasulu, 54, is the founder of a women-controlled investment vehicle called Ayavuna Women's Investments. She is the first woman and the first black person to chair Sasol, which makes fuel from coal.
"Although there is continuity, she will make a positive impact in a business where it is relatively unusual to have a woman in charge. Her appointment better reflects the make up of a new South Africa," Jonathan Kennedy-Good, an analyst with Deutsche Securities, told Forbes.com. "She represents a very stable leadership within the company as she has been with them for some time," he said.
See full news item
Reuters contributed to this article.
2008 Forbes.com LLC™
