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Fani Titi takes chair at Investec as Sir David Prosser steps down
by James Phillipps on Jul 16, 2014 at 07:11
Sir David Prosser is to step down as joint chairman of Investec in a move that will see Fani Titi named the company’s sole chair.
The pair had split the role, jointly chairing Investec’s South African and UK boards since 2011, but Titi will continue alone in the role when Prosser retires on 8 August.
In a statement to the stock market, Investec said: ‘The boards would like to thank Sir David for his contribution to the group since he joined the boards in 2006.
‘Sir David has played an invaluable role in chairing the board and supporting the executive team during this time and the boards wish him well in his retirement.’
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