Afrimat Limited announced that the retirement of the current financial director Mr. Hendrik Verreynne with effect from March 1, 2016. As part of the company's succession planning, the company announced the appointment of Mr. Pieter de Wit as financial director, effective March 1, 2016. He will succeed Mr. Hendrik Verreynne who will remain the financial director to ensure an effective transition until February 29, 2016.

Mr. Pieter de Wit is currently the Regional Director of the Company's KwazuluNatal operations. He was responsible for the strategic repositioning of these businesses since 1 October 2013. He has held various leadership roles in the company for eight years, including Company Secretary and Chief Audit Executive.

He is a chartered accountant having completed his training at PriceWaterhouseCoopers.