Johannesburg - Investment group Remgro
[JSE:REM] announced on Monday that
Jannie Durand has been appointed as the group's new CEO with immediate effect.
Durand, who has been serving as Remgro's Chief Investment Officer, replaces
Thys Visser who died last week.
Remgro said a replacement for Durand's position as Chief Investment Officer would be announced in due course, once this appointment had been finalised.
Johann Rupert, Chairperson of Remgro, said: "The board was fortunate to have had more than one good candidate for the position. One of the deciding factors was that the Board wanted a new generation appointment similar to when
Thys Visser was appointed. The Board is positioning itself for the future."