In a recent development, Alexander Forbes Group Holdings Limited, a prominent financial services company in South Africa, has announced a significant change in director responsibilities.
Appointment at OUTvest Nominees (RF) Proprietary Limited
According to a voluntary announcement released on the Stock Exchange News Service, Mr. Robert Michael Head, an independent non-executive director of Alexander Forbes, has been appointed to a new role. Effective from February 12, 2024, Mr. Head will serve as an independent non-executive director and chair on the board of directors of OUTvest Nominees (RF) Proprietary Limited.
Compliance with JSE Listings Requirements
The appointment of Mr. Head aligns with the regulations outlined in paragraph 3.59 of the JSE Limited Listings Requirements, ensuring transparency and adherence to governance standards. This move reflects the commitment of Alexander Forbes Group Holdings Limited to uphold regulatory compliance and governance principles.
Details of the Appointment
Here are the details of Mr. Head’s appointment at OUTvest Nominees (RF) Proprietary Limited:
| Director’s Name | Position | Effective Date |
|---|---|---|
| Robert Michael Head | Independent Non-Executive Director and Chair | February 12, 2024 |
Conclusion
The appointment of Mr. Robert Michael Head to the board of directors of OUTvest Nominees (RF) Proprietary Limited marks a significant development in directorship responsibilities within Alexander Forbes Group Holdings Limited. This move underscores the company’s commitment to compliance with regulatory requirements and further strengthens its corporate governance framework.
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