16th Jul 2020 17:12
(Alliance News) - London & Johannesburg-listed Investec PLC and Investec Ltd said Thursday it will appoint Stephen Koseff as a non-independent, non-executive director.
Koseff will be appointed on a date no earlier than 12 months from the date he stepped down as a director on the financial services firm, which is August 8.
Koseff was formerly chief executive officer at Investec, before announcing in February 2018 he would stand down from his roles in October and eventually leave in 2019.
Shares in Investec closed 1.8% higher at ZAR37.00 in Johannesburg, while its London shares ended 1.2% higher at 176.40 pence on Thursday.
By Dayo Laniyan; [email protected]
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