Gold Circle has announced the appointment of new Board Members.
Neil Butcher, a long-serving director of Gold Circle, has been elected new Chairperson of Gold Circle.
He takes over from outoing Chairperson, Phumla Mnganga, who has served her statutory term, and has been appointed as the company’s Vice-Chairperson.
Babu Nunan was elected as Chairperson of the Gold Circle Racing Club, the shareholder of Gold Circle (Pty) Limited, and will be assisted by Vice-Chairperson Koos de Klerk.
The Standing Committee Chairpersons of Gold Circle (Pty) Limited are recorded as follows:
- Audit and Risk Committee – Koos De Klerk
- Remuneration Committee – Greg Petzer
- Social and Ethics Committee – Babu Nunan
- Racing Committee – Neil Butcher
Chairperson Neil Butcher said, “Gold Circle faces a challenging future but the board and management of Gold Circle will continue to strive towards the objective of being a respected and world-class horse racing jurisdiction”.
Babu Nunan added: “As Chairman of the Gold Circle Racing Club I want to adopt an open-door policy to members and racing enthusiasts.”
Their election followed the Annual General Meetings of the Gold Circle Racing Club and Gold Circle (Pty) Limited, together with a meeting of Directors held on 4 December 2019. – Gold Circle