Business News

Capital Appreciation: Director’s Farewell

  • Retirement Announcement: Capital Appreciation Limited confirms retirement of Non-Executive Director Charles Valkin, effective October 31, 2023.
  • Eight Years of Service: Valkin, a key figure since the company's 2015 listing, provided invaluable strategic and legal guidance.
  • Board's Gratitude: The Board expresses deep gratitude, acknowledging Valkin's significant contributions to the company's growth and success.
Published by
Lethabo Ntsoane

Capital Appreciation Limited, has announced the retirement of Mr. Charles Valkin, a longstanding Non-Executive Director of the company. In accordance with Paragraph 3.59 of the Listing Requirements of the JSE Limited, the Board of Capital Appreciation Limited has confirmed that Mr. Valkin will step down from his position with effect from October 31, 2023.

Mr. Valkin has been an instrumental part of Capital Appreciation Limited since the company’s listing on October 16, 2015. Over the course of eight years, his strategic insights, legal acumen, and business expertise have significantly contributed to the company’s growth and success. The Board expressed their gratitude for his exceptional guidance and unwavering commitment to the group.

This retirement marks the end of an era, signifying the departure of a dedicated leader who played a pivotal role in shaping the company’s trajectory. As a Non-Executive Director, Mr. Valkin’s wisdom and foresight have been invaluable, leaving an indelible mark on Capital Appreciation Limited.

Board Acknowledges Mr. Valkin’s Contributions

The Board of Capital Appreciation Limited took this opportunity to acknowledge Mr. Valkin’s significant contributions. In an official statement released on October 11, 2023, the Board expressed their appreciation for his exemplary service. Mr. Valkin’s deep understanding of the industry, coupled with his legal expertise, provided the company with a unique perspective that guided critical decisions.

The departure of Mr. Valkin will undoubtedly be felt within the company. However, the Board expressed their well wishes for his retirement, hoping that this new chapter in his life brings him fulfillment and happiness.

Looking Ahead

As Capital Appreciation Limited bids farewell to Mr. Valkin, the company remains steadfast in its commitment to delivering exceptional financial services to its clients. With a strong and diversified leadership team, the company is poised to navigate the dynamic landscape of the financial industry and continue its legacy of excellence.

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Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo