DURBAN - The Board of Directors of Aveng has announced the appointment of Sean Flanagan as Chief Executive, with effect from 1 February 2019.
Eric Diack, who was appointed interim Chief Executive on 26 September 2017, will remain Executive Chairman for an envisaged six-month transition period, which will ensure an orderly hand-over.
After the six-month period, Diack will resume his role as Aveng’s Non-Executive Chairman.
Eric Diack said, "We are delighted with Sean’s appointment. He has been an Independent Non-Executive Board member since 1 November 2015, which makes this an ideal appointment as he already has a detailed knowledge and thorough understanding of the Group.
He added that Flanagan has been intimately involved in the various strategic initiatives that have been underway at Aveng over the past year. He is, therefore, already up-to-speed with our strategic imperatives and will advance the process without any delays.”