Investec appoints new executive director and non-executive director

International wealth management group Investec Ltd. has announced the appointment of Richard John Wainwright as an executive director and Stephen Koseff as a non-independent non-executive director. Both Wainwright and Koseff officially step into their roles on 17 September 2020.Jarryd Neves

Investec media statement: 

As part of the dual listed company structure, the boards of Investec plc and Investec Limited (together the “Board”) notify both the London Stock Exchange and the JSE Limited of matters which are required to be disclosed under the Disclosure Guidance and Transparency Rules, and Listing Rules of the United Kingdom Listing Authority (the “UKLA”) and/or the JSE Listings Requirements.

Accordingly we advise of the following:

Directorate changes

Further to the announcements released on 04 June 2020 and 16 July 2020 regarding the Board’s intention to appoint Richard John Wainwright as an executive director and Stephen Koseff as a non-independent non-executive director (together the Appointments), and in accordance with Section 3.59 of the JSE Limited Listings Requirements and Rule 9.6.11 of the United Kingdom (“UK”) Listing Rules, the Board is pleased to confirm that regulatory approval for the Appointments has been granted and the Appointments were accordingly approved by the Board today.

Premium: Investec founders: eavesdrop on business icons Ian Kantor, Bernard Kantor, Stephen Koseff

The effective date of appointment for both Richard and Stephen is 17 September 2020.

Save for the directorships disclosed below, there are no further details required to be disclosed by Rule 9.6.13 of the UK Listing Rules.

Stephen Koseff:

Current directorships of publicly quoted companies:

  • Bid Corporation Limited (incorporated and listed in the Republic of South Africa)
  • Investec Property Limited

Directorships of publicly quoted companies held in the previous five years:

  • Investec plc
  • Investec Limited
  • Investec Bank plc
  • Investec Bank Limited

Read also: Bernard Kantor: The Investec story – a long way from Mooi St to St Paul’s. Best of BizNews

Richard John Wainwright:

Current directorships of publicly quoted companies:

  • Investec Bank Limited
(Visited 551 times, 7 visits today)