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Former CEO of Great Basin Gold, now liquidated, Ferdi Dippenaar has been appointed as CEO of Village Main Reef (Village).

In other changes to the Village Board, Bernard Swanepoel, previously the CEO of Village has been appointed as Non-Executive Chairman of the Board of Directors, replacing Roy Pitchford who has tendered his resignation.

Richard de Villiers, previously Human Resources Director, and Sandeep Gandhi, the Chief Financial Officer, have resigned. Marius Saaiman, current MD of Village’s platinum operations, has agreed to act as interim Chief Financial Officer, replacing Gandhi.

The changes were effective 8 August 2013.

The resignations of the three directors were tendered in support of Village’s objective of having an appropriately sized and configured Board of Directors and is aligned with the re-organisation taking place throughout the Company.

“I would like to thank all the members of the Village Board for their various contributions during the past three years and would like to extend a special thank you to Roy for his loyal contribution as Chairman of the Board during the founding years of Village,” said Bernard Swanepoel.

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