PPC appoints seasoned investment banker to its board

Cement maker PPC has appointed Nick Pagden as a nonexecutive director and a member of its investment committee, with effect from October 1.

Pagden has over 40 years of investment banking experience. He holds a BComm (with a Certificate in the Theory of Accounting) from the University of Cape Town and is a chartered accountant registered with the South African Institute of Chartered Accountants.

Since 2002, he has served at Citigroup as chairperson of Banking South Africa, having originally joined as head of Investment Banking South Africa. In this capacity he has advised on numerous significant transactions involving leading South African corporates, including Anglo American, Naspers, Gold Fields, AngloGold Ashanti, SABMiller, Brait, Sappi and Steinhoff, spanning equity offerings, bond issuances, mergers and acquisitions and leveraged finance transactions with an aggregate value in excess of $25-billion.

To watch Creamer Media's latest video reports, click here