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JASCO ELECTRONICS HOLDINGS LIMITED - Changes to Executive Directors

Release Date: 11/02/2021 15:00
Code(s): JSC     PDF:  
Wrap Text
Changes to Executive Directors

JASCO ELECTRONICS HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registration Number 1987/003293/06
Share code: JSC     ISIN: ZAE000003794
(“Jasco” or “the company” or “the group”)



CHANGES TO EXECUTIVE DIRECTORS



The board of Jasco is pleased to announce that Warren Prinsloo,
who has been the company’s group Chief Financial Officer (“CFO”)
for the last 15 years, will be appointed as the new Chief
Executive Officer (CEO) with effect from 1 March 2021.


He will replace the interim CEO, Pete da Silva. As committed to
the market, Pete stepped in as interim CEO to ensure stability
to the group following the resignation of the previous CEO nine
months ago. Pete will resume his role as alternate non-executive
director to the Deputy Chairman.


Liska Prigge, a former divisional Financial Director within
Jasco ICT-Enterprise, will take over from Warren as CFO with
effect from 1 March 2021. Liska is a CA(SA) who completed her
articles at Ernst & Young in 2005 and was promoted to a
managerial position in 2006. She joined Jasco as the Group
Finance Executive in July 2007 where she worked closely with the
CFO, before being promoted to the position of the divisional
Financial Director in 2017.


Warren is also currently filling the role of Company Secretary.
The company has engaged with external service providers in this
regard and will announce the appointment of the new Company
Secretary in due course.


The Board congratulates Warren and Liska and is confident that
they have the required blend of experience, skills and expertise
to deliver on the group’s business plan and strategic objectives
to ensure the group’s continuity and success.


The Board also thanks Pete for stepping in during the height of
the COVID-19 crisis in 2020, for leading the management team as
the government’s lockdown levels eased, and for steering the
group to stability.
Midrand
11 February 2021


Sponsor
Grindrod Bank Limited

Date: 11-02-2021 03:00:00
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