Omnia appoints new finance director - CNBC Africa

Omnia appoints new finance director

Southern Africa

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Omnia Holdings is a chemical services business. PHOTO: Omnia

This is following the retirement of Noel Fitz-Gibbon as executive director and group finance director at the chemical services business.

“Noel has served on the board since 1993. Omnia has benefited greatly from his commitment and expertise and is pleased to advise that he will continue to serve on the board as a non-executive director with effect from 1 October 2014,” [DATA OMN:Omnia Holdings] said.

“The board wishes to thank Noel for his invaluable past contribution to Omnia and for his continued involvement on the board. The board welcomes Wayne to Omnia and looks forward to his contribution to its development and growth.”

The group reported revenue growth of 25.7 per cent to 7.5 million rand for the six months ended 30 September 2013 from 5.9 million rand for the same period in 2012.

(READ MORE: Omnia results in the green)

It’s operating profit increased by 15.2 per cent to 628 million rand in the 2013 period from 545 million rand in the previous year.

“The macro environment for this period was positive for our mining division, and mixed for our agriculture and chemicals division,” it had said.

“Global economic performance was varied, with moderate growth in emerging economies and a steady recovery in the USA economy being offset by subdued conditions in the Eurozone economies.”

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