Prosus: Executive Leadership and Board Change
August 08 2024 - 1:05AM
Business Wire
Prosus N.V. (Prosus) (AEX and JSE: PRX): The Naspers and
Prosus boards announce that after 29 years of exemplary leadership
and service, Basil Sgourdos will retire from his position as Group
Chief Financial Officer and financial director of both companies
effective 30 November 2024.
Basil has had a broad and varied career at Naspers and Prosus
having joined the Company in 1994, initially as the finance manager
of the South African operations division in MultiChoice before
taking on a number of other global leadership positions within the
Group. He was appointed Group Chief Financial Director of Naspers
in July 2014 and of Prosus since its listing in 2019.
Koos Bekker, Chairman of Naspers and Prosus said, “While Basil
will remain active in his role for another few months, I would like
to take this opportunity to recognise and thank Basil for his
dedicated service to the Company over the last 29 years. During
this time, Basil has contributed to the establishment of the Group
as a leading global e-commerce company, creating significant value
for shareholders. The boards sincerely thank Basil for his
committed leadership and superb contribution”.
The human resources and remuneration committees and nomination
committees will begin the process to secure a suitably qualified
successor to assume the role of Group Chief Financial Officer. The
market will be advised of this decision in due course.
JSE sponsor to Prosus Investec Bank Limited
About Prosus
Prosus is a global consumer internet group and one of the
largest technology investors in the world. Each month, over two
billion customers across the globe use the products and services of
companies that Prosus has invested in, acquired or built. Prosus
builds leading consumer internet companies that empower people and
enrich communities. The group is focused on online classifieds,
food delivery, payments and fintech. The team actively backs
exceptional entrepreneurs using technology to improve people's
everyday lives.
Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and
secondary listings on the Johannesburg Stock Exchange (XJSE:PRX)
and A2X Markets (PRX.AJ). Prosus is majority-owned by Naspers.
For more information, please visit www.prosus.com.
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