Sasfin Holdings Limited announced the appointment of Mr. Erol Zeki as an alternate executive director to the Sasfin Holdings board of directors ("the Board") with effect from 10 May 2024. Erol joined Sasfin as Chief Executive Officer ("CEO") of Sasfin Wealth in 2017. He is a CFA Charter Holder with a B.Com (Hons) in Financial Management, and is a member of the South African Institute of Stockbrokers.

His experience spans a broad spectrum of wealth management, investment, and other related financial services disciplines. Under Erol's leadership, Sasfin Wealth has grown meaningfully, achieving its strategic and financial performance targets. Erol remains CEO of Sasfin Wealth and a member of the Group Executive Committee, and the Board looks forward to his continued contribution to Sasfin Holdings in his new role as alternate executive director.

Shareholders are further advised that Ms Charissa de Jager has resigned as company secretary to pursue other ventures. Her resignation is effective from 31 July 2024.