Sasol is a global chemicals and energy company. We harness our knowledge and expertise to integrate sophisticated technologies and processes into world-scale operating facilities. We safely and sustainably source, produce and market a range of high-quality products, creating value for stakeholders.
Sasol comprises three distinct market-focused businesses, namely: Chemicals, Energy and Sasol ecoFT. Our more focused portfolio is underpinned by a transition to a lower-carbon future and our 70-year track record demonstrates we have the capabilities and competencies to deliver sustainable value in these three core businesses.
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Sasol's investors consist of both equity investors (those invested in the Sasol ordinary shares or the ADRs) and lenders/debt investors (banks and institutional investors lending to Sasol or investing in its issues of debt instruments such as local bonds, offshore bonds, commercial paper issues, project finance, loans and other credit facilities and convertible instruments).
Supply Chain is the custodian of all external spend for the Sasol Group. It is responsible for managing supply and demand so as to ensure cost-efficiency and maximise return on spend, while at the same time ensuring effective logistics of a range of deliverables.
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Johannesburg, South Africa – Sasol today announced the appointment of Walt Bruns as Chief Financial Officer (CFO) and Executive Director of Sasol Limited, effective 1 September 2024. Walt, a certified chartered accountant in South Africa, is currently CFO of Sasol Southern Africa including Energy and Chemicals.
In a career spanning more than 15 years at Sasol, Walt has held a variety of senior management positions across different functions and geographic locations, including more than three years as CFO of Sasol’s global chemicals business and Planning and Optimisation roles in both Germany and South Africa. Prior to joining Sasol, he worked for Deloitte in South Africa and the United States of America.
Walt is well positioned for the role, owing to his in-depth knowledge of Sasol and his extensive global experience across the chemicals and energy businesses. As CFO he will focus on driving sustainable value and supporting Sasol’s strategic transformation for the future.
Hanré Rossouw will step down as CFO and Executive Director on 31 August 2024. He will however remain with Sasol as an Executive Advisor until 31 October 2024 to ensure a seamless and structured handover.
Trix Kennealy, Chairman of the Sasol Audit Committee, said: “On behalf of the Board, I would like to thank Hanré for his significant contribution and leadership over the past two years, during particularly challenging times. The Board welcomes Walt and is looking forward to working with him. His background and experience are well aligned with Sasol’s near and long-term objectives, and he will play a key role in re-shaping our financial success.”
Simon Baloyi, Sasol President and CEO, congratulated Walt on his appointment and added: “I am proud that we were able to draw from our internal talent pool for this appointment, which will contribute towards maintaining continuity as we pursue our strategic ambitions.”