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Andrew Mthembu to chair EOH board

Published: 2020-02-10 10:20 +02:00 by Duncan McLeod tag: it services

JSE:VOD JSE:AVI JSE:EOH

EOH Holdings has announced that Andrew Mthembu has been appointed as full-time chairman following the death last month of previous chairman Xolani Mkhwanazi.




EOH Holdings has announced that Andrew Mthembu has been appointed as full-time chairman following the death last month of previous chairman Xolani Mkhwanazi.
Mthembu’s appointment is effective immediately.
Mkhwanazi passed away in the early hours of 4 January at the Wits Donald Gordon Medical Centre in Parktown, Johannesburg, having been admitted the previous month. He was appointed to the position in June 2019, replacing group co-founder Asher Bohbot.
Mthembu’s industry experience, knowledge of EOH and the requirement for continuity made him the best candidate for the role

Mthembu had been acting chairman since Mkhwanazi’s death.
Mthembu, who is a former deputy group CEO of Vodacom, joined the EOH board in June 2019 and was appointed the lead independent director last year. He led the board in Mkhwanazi’s absence as a result of his illness.
He is the chairman of EOH’s technology & information committee and also serves on the audit and governance & risk committees.
“While a number of external candidates were considered, given the challenging past year, the board considered that Mthembu’s industry experience, knowledge of EOH and the requirement for continuity made him the best candidate for the role,” the group said in a statement to shareholders on Friday.  — (c) 2020 NewsCentral Media
 





Andrew Mthembu Asher Bohbot EOH top Xolani Mkhwanazi

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Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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