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Alexander Forbes chair Sello Moloko steps down

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Johannesburg – Alexander Forbes [JSE:AFH] announced the retirement of non-executive board chairperson Sello Moloko, which will come into effect on August 31.

The financial services group subsequently appointed his successor, independent non-executive director Moses Kgosana. Kgosana will take over the position following Moloko’s retirement, the group explained in a note to shareholders.

Moloko is retiring after almost 10 years, “Ddring which time he provided wisdom, fiduciary counsel and strategic direction to both the board and the executive committee,” said the group.

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