Pan African Resources PLC announced that it will appoint Deon Louw as FD of the company, to replace Cobus Loots who, as previously announced, will become CEO. Both appointments will take effect from March 1, 2015. Mr. Gideon Petrus Louw is a South African qualified chartered accountant and a CFA charter holder.

Most recently Mr. Louw was the FD of the Sentula Mining Limited, a position he held from 2007 to 2014. He was also previously the head of structured resource finance at Investec Bank Limited.