Sasfin Bank Limited and Sasfin Holdings Limited Announces Changes to the Board
The board of directors of Sasfin Holdings ("Board") and Sasfin Bank Limited has nominated the current lead independent director, Mr. Richard Buchholz, as Chair to succeed Mr. de Kock,
subject to regulatory approval by the Prudential Authority. The Board believes that following his 6 years of service as an independent non-executive director on the Board and various of
its committees, Mr. Buchholz has the necessary business insight, experience and leadership skills to chair the Board going forward, and his appointment will ensure a seamless succession.