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LONDON/JOHANNESBURG - Investec (LON:INVP) plc and Investec Limited, operating under a dual listed company structure, announced the appointment of Vivek Ahuja as an independent non-executive director to their Board, effective from Monday. Ahuja brings a wealth of international financial services experience, having held significant roles including Deputy Group Chief Financial Officer at Standard Chartered (LON:STAN) plc and Chief Executive Officer at Terra Firma.
A trained accountant, Ahuja’s extensive background also includes board directorships at Aberdeen Group plc and PZ Cussons plc, with a recent tenure at NatWest Markets plc. His appointment is in line with the requirements of the Disclosure Guidance and Transparency Rules, and Listing Rules of the Financial Conduct Authority (FCA), as well as the JSE Listings Requirements.
The Board expressed their congratulations to Ahuja and anticipates a fruitful collaboration in the years ahead. Investec specializes in banking, investments, and wealth management services, primarily serving the South African and UK markets. The company was established in 1974 and employs over 7,800 individuals. Investec is listed on both the London and Johannesburg Stock Exchanges.
This appointment aligns with Investec’s governance practices and strategic focus on enhancing its leadership with experienced professionals in the financial sector. The information regarding the appointment is based on a press release statement.
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