Steinhoff International Holdings has appointed Paul Copley (46) as its new deputy chair following the end of Peter Wakkie’s (73) term on 22 March 2023.
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Copley was elected by the company’s supervisory board of six, on which he also sits. It is made up of chair Moira Moses, Alexandra Watson who chairs the Audit & Risk Committee and Dr Hugo Nelson who chairs the Human Resources & Remuneration Committee.
Copley, a UK chartered accountant and licensed insolvency practitioner, was appointed as Steinhoff International’s supervisory director in August 2019.
His career spans various roles, including 20 years at auditor and professional business services firm, PwC, where he worked principally in business recovery services. His stint included both formal insolvency and restructuring roles.
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“Whilst at PwC, Paul was also joint receiver of OW Bunker, the world’s largest independent marine fuel distributor,” a profile on the company’s website states.
He left PwC in 2016 to step in as CEO of Kaupthing ehf, an Iceland-domiciled bank.
Some of the highlights of his career include his appointment as joint administrator of Lehman Brothers International in Europe, where he worked full-time from 2008, following the collapse of the global financial services firm, until 2014.
The company also made changes to its company secretary, appointing Nicholas Lewis as the new secretary as Sarah Radema prepares to step down on 30 April 2023.
“The supervisory board and management board thank Ms Radema for her valued contribution to Steinhoff during her tenure,” the company said.
Lewis’s new role will commence on 1 May 2023.
Lewis, an admitted attorney of the High Court of South Africa, brings his knowledge of corporate law, having obtained a Master’s degree in corporate law and served as consulting company secretary for several listed groups during his career.
He joined the Steinhoff group as a legal advisor in 2017 where he continues to advise on legal, regulatory, and governance matters, the company said.
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Read the Sens here.