Basil Read appoints new CEO - CNBC Africa

Basil Read appoints new CEO

Southern Africa

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Basil Read is a civil engineering and construction firm based in South Africa. PHOTO: Basil Read Developments

"We are delighted to welcome a seasoned executive of [Nicolau’s] calibre to Basil Read," Lester Peteni, chairman of the board, said in a statement.

"The board looks forward to working with Nicolau to inject new energy into our efforts, as we continually improve business performance and the strategic transformation of the company."

(READ MORE: Basil Read CEO retires)

[DATA BSR:Basil Read] is a civil engineering and construction firm headquartered in South Africa. Basil Read also specialises in opencast mining operations.

The firm's former CEO Marius Heyns announced his intention to retire at the end of March, and had been with Basil Read for the past 13 years.

Nicolau was previously the CEO of [DATA AMS:Anglo American Platinum Limited], and COO and executive director of [DATA ANG:Anglogold Ashanti Limited]. His term will come to effect from 1 September this year.

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