Momentum Corporate CEO to step down

MMI Holdings announced on Wednesday morning that Thinus Alsworth-Elvey, the chief executive of Momentum Corporate, tendered his resignation effective March 31, 2019.

"The process to appoint a successor will commence immediately," the MMI group said in a note to shareholders. 

It did not say why Alsworth-Elvey was resigning. 

MMI holdings is set to publish its interim results on March 8. 

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