South Africa Chamber Of Mines Taps Bheki Sibiya CEO-Designate

4th Jul 2010 12:54

JOHANNESBURG (Dow Jones)--South African industry body the Chamber of Mines said Sunday Bhekokuhle "Bheki" Sibiya, chairman of investment fund management firm Brait South Africa Ltd., has been named chief executive-designate. Sibiya takes up the post Monday and Jan. 1 will succeed Mzolisi Diliza, who has been CEO of the chamber since 1998, the chamber said. Diliza was scheduled to retire at the end of June 2009, which was extend a year, but has agreed to stay in the job until December to help Sibiya become acquainted with the position, it said. Sibiya between January 2004 and December 2005 was the CEO of Business Unity South Africa. In the past he held senior positions at state transport company Transnet Ltd., Tongaat-Hulett Sugar and South African Breweries Ltd. He was managing director and president of the Black Management Forum in 1994 and 1995. The chamber, which was founded in 1889, counts among its members Anglo American PLC (AAL.LN), AngloGold Ashanti Ltd. (AU), Impala Platinum Holdings Ltd. (IMP.JO) and Rio Tinto Ltd. (RTP). Diliza was the organization's first black CEO. -By Robb M. Stewart, Dow Jones Newswires; +27 11 783 7848; [email protected] (END) Dow Jones Newswires July 04, 2010 07:54 ET (11:54 GMT)