Eqstra -- retirement of Chief Executive Officer

Shareholders are advised that, after seven years as Chief Executive Officer (CEO), Mr Walter Hill has given notice to the board of his retirement, with effect from 1 June 2015. The board and executive wish to express their gratitude to Walter for his longstanding service and commitment to the Company. Walter believes it to be an appropriate time to hand over to new leadership and thus the board has appointed the current Chief Financial Officer, Mr Jannie Serfontein, as interim Group CEO, with effect from 1 June 2015.

At its next meeting in August 2015, the Board will confirm an appointment to fill the position permanently.

2015-06-02 12:53:29