Naspers and Prosus' boards have unanimously accepted the immediate appointment of group insider Nico Marais (51) as chief financial officer (CFO).
According to the company announcement, Marais has over 25 years of experience in financial management with the Group, including serving as interim CFO since December 2024.
The company went on to say that he previously served as the general manager of finance and was instrumental in several key initiatives, including Prosus' successful listing, the unwinding of crossholdings, the execution of the current open-ended share repurchases, and Prosus' debt capital market activity.
Marais is a Chartered Accountant with an accounting degree from Stellenbosch University.
Marais will join the Naspers board as financial director immediately and the Prosus board following the annual general meeting in August 2025, subject to shareholder approval.
Koos Bekker, Prosus and Naspers chair, said: “On behalf of the Boards of Prosus and Naspers, I am delighted to confirm the appointment of Nico as Group CFO on a permanent basis.
“He brings invaluable expertise and experience to the role, which he has built up over more than two decades with the Group.
“The strong working relationship he has developed with our CEO Fabricio Bloisi puts us in good stead as we look ahead with excitement to the next phase of our growth journey”.
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