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New CEO for Remgro

May 07 2012 14:13
I-Net Bridge

Company Data

REMGRO LIMITED [JSE:REM]

Last traded 112
Change 2
% Change 1
Cumulative volume 1592169
Market cap 0

Last Updated: 01/01/0001 at 12:00. Prices are delayed by 15 minutes. Source: McGregor BFA

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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."


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