SIGNIFICANT NEW APPOINTMENTS FOR ECSPONENT LIMITED

22 March 2017

JSE-listed African Financial Services firm, Ecsponent Limited, today announced new appointments to its board. The company says these appointments will strengthen the company’s leadership and enable further growth in line with its strategic objectives.

Ecsponent CEO, Terence Gregory says, “These appointments are significant as the appointed individuals add further weight to our already experienced board of directors. The guidance of the board is crucial as Ecsponent enters into the next phase of its growth plan.”

“Our board members provide tremendous value to the organisation and our most recent members will undoubtedly strengthen this, enhancing our leadership capabilities.”

The two new board members are George Manyere and Willem Oberholzer.

George Manyere

Manyere has been appointed to the board as non-executive vice chairman. Until recently he was group CEO at Brainworks Limited – a Mauritian registered investment holding company which Manyere founded in 2008. Brainworks’ focus is on investments in the Zimbabwean hospitality, real estate, financial services and logistics sectors. Prior to founding Brainworks, Mr Manyere was an investment professional with the International Finance Corporation (IFC), headquartered in Washington DC. He holds a B.Acc (Hons) degree from the University of South Africa.

Willem Oberholzer

Willem Oberholzer has been appointed as an independent non-executive director and member of the Audit Committee. Oberholzer, a CA(SA) with an M.Com (Tax), brings with him 20 years’ experience in start-ups, company formations, company turnarounds, mergers and acquisitions, complex tax structures, tax dispute resolutions and tax litigation with him in his new role. While holding several directorships, Oberholzer also lectures on Taxation at Masters level at the University of Pretoria.

“It is safe to say that our new board members bring a wealth of experience and industry knowledge to our organisation and we look forward to their positive contribution to our group’s continuous growth,” Gregory concludes.