Absa chairwoman Lucas-Bull joins Shoprite board

South Africa’s Shoprite Holdings on Thursday appointed Absa Group chairwoman Wendy Lucas-Bull as the retailer’s chair designate, replacing Christo Wiese.

Wiese will remain on the board as a non-executive director but retire as chairman at the conclusion of the company’s annual general meeting on November 16, Shoprite said.

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Source: moneyweb.co.za