Ninety One announces board changes, appoints new director

Published 04/06/2025, 07:04
Ninety One announces board changes, appoints new director

LONDON - Ninety One plc and Ninety One Limited, the dual-listed investment management firm, announced today that Colin Keogh, an independent non-executive director, will retire following the upcoming Annual General Meeting (AGM) on July 23, 2025. The company has expressed gratitude for Keogh’s contributions during his tenure, particularly through significant changes in the business landscape.

Concurrently, Ninety One has appointed Charles Harman as an independent non-executive director effective July 24, 2025. Harman, with a wealth of experience in investment banking and leadership roles, including positions at Credit Suisse, J.P. Morgan Cazenove, and BXR Partners, will also join the Audit and Risk Committee and the Human Capital and Remuneration Committee. Harman’s election by shareholders will take place at the 2026 AGM.

In addition to these changes, Busisiwe Mabuza will assume the role of Senior Independent (LON:IOG) Director and Chair of the Human Capital and Remuneration Committee starting July 24, 2025. Mabuza has been a board member since November 2019. Khumo Shuenyane, who joined the board in August 2021, will take over Mabuza’s former position as Chair of the Sustainability, Social and Ethics Committee.

These directorate changes are in compliance with the UK Listing Rule 6.4.6R and the JSE Limited Listing Requirements paragraph 3.59. The announcement did not necessitate any additional disclosures under UK Listing Rule 6.4.8R.

The information in this article is based on a press release statement provided by Ninety One plc and Ninety One Limited.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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