Until now all reports said Jan du Plessis would remain chairman of BAT, after taking over the reigns as chairman of Rio Tinto at the end of April. Now the Financial Times says Du Plessis “had indicated he intends to stand down from his roles at BAT and Lloyds”. Read here.
There just seems to be no end to this guy’s fabulous career!
If I must select a “Most successful SA businessman on the global stage”, I’d probably choose Jan du Plessis – ahead of SABMiller’s Graham Mackay, Richemont’s Johann Rupert and Naspers’ Koos Bekker.**
…and you haven’t even heard of the guy? Maybe, because he’s been living abroad for so long and seems to go out of his way to keep a low profile.
Jan du Plessis is the chairman of British American Tobacco (BAT), and sits on the boards of Marks & Spencer, Lloyds and Rio Tinto.
Click his tag, for more about this Stellenbosch University (US) graduate and ex-Carnival chairman of the early 70′s (even in that role he was the most successful the US ever had).
As if he hasn’t got enough to do, he was “promoted” twice in the last two days.
Anglo-Australian mining company Rio Tinto appointed him as its new board chairperson (the appointment to take effect from the end of the company’s annual meeting on April 20). And then he was appointed senior independent director at Lloyds Banking Group, which “hands him the delicate task of balancing the interests of government and City shareholders. Du Plessis is expected to take up the position at Lloyds after the bank’s annual meeting in May,” the Sunday Telegraph reported.
Here is a nice summary of all his current and previous jobs! And even a rare photo.
Fin24 also reported.
** Quiz of the day: Of these four, three studied at the University of Stellenbosch. Name the odd one out.
To: Jan du Plessis, chairman of British American Tobacco (BAT)
I would like to appeal to you not to sell the BATartventure (formerly the Peter Stuyvesant Collection) housed in Zevenaar, Holland. It would be such a pity to lose this bit of Anton Rupert-inspired history.
Read all about the collection (and the future it faces) here.
Could one not “use” the already well-known collection for a good purpose (and get some marketing mileage out of it for BAT at the same time)?
Private museums have been such moneypinners of late (at least here in Germany). Surely it must be possible to manage the collection in a profitable way? A profit which can be donated to one of the many good causes around – such as AIDS orphans in Southern Africa.
Whether it is so important that the collection should stay in Zevenaar, or be linked to Zevenaar, I’m not so sure. My gut tells me it is not. At issue is the art, not the place.
So, the collection could also be moved to, for instance, Stellenbosch. Or, it could be a travelling collection.
Whatever. But, let’s hold on to this piece of Rupertana.
British American Tobacco (BAT) is set to play a bigger role in the lives of SA shareholders, with a secondary listing on the JSE on the way and SA shareholders projected to end up with about 15% of BAT’s issued share capital.
According to Jan du Plessis, chairman of BAT, eastern Europe and Russia are future growth markets (together with north Africa, the Far East and Middle-East). Consequently, I’ll increase my reporting on BAT business moves in eastern Europe, the Middle-East and Russia going forward.
UK retailer Marks & Spencer appointed Jan du Plessis, chairman of British American Tobacco, as a non-executive director. Du Plessis serves on the boards of a number of big companies, including Lloyds TSB and Rio Tinto.
The website Retailweek referred to Du Plessis as a “heavyweight appointment”. Also read what I had to say about Jan du Plessis recently.
What is the link between British financial institution Lloyds TSB Group and the Stellenbosch University? [Read on]