Sabvest Capital Limited advised following changes, effective 31 December 2022: There will no longer be a position of Deputy Chairman; Funke Ighodaro will be appointed Lead Independent Director in place of Bheki Shongwe who steps down after a lengthy tenure in the role; Funke Ighodaro will be appointed Chair of the Investment Committee in place of Kuben Pillay; and Bheki Shongwe will be appointed Chair of the Social and Ethics Committee in place of Lindiwe Mthimunye.