Alexander Forbes executives resign amid strategic review
Details of their resignations are confidential, the company says, with successors yet to be found
Three Alexander Forbes executives have resigned as the retirement, investment and insurance-services provider pushes ahead with a strategic review of its market position and business model. CEO at Alexander Forbes Investments Leon Greyling; group chief risk officer Vishnu Naicker; and chief human resources officer Christian Schaub plan to pursue other business interests, the company said in an e-mailed response to questions. Schaub’s departure was effective December 31, while the others took effect on January 1. “Details of the resignations are confidential between the company and the relevant executives,” the company said. Both Schaub and Greyling had spent less than two years at the company, while Naicker joined Alexander Forbes in 2008, according to their LinkedIn profiles. Alexander Forbes, SA’s largest pension funds administrator with about 1.4-million members, was halfway through the implementation of a turnaround programme, known as Ambition 2022, in September when former CEO...
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