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David Hufton, joint CEO of Sygnia Asset Management.
David Hufton, joint CEO of Sygnia Asset Management.

When finweek spoke to David Hufton, joint CEO of Sygnia Asset Management, he was at home “on one of the most rare occasions”. South Africa had just marked 300 days under national lockdown help curb the spread of the coronavirus and Hufton had been in the office for virtually every single one of those days.

He formed part of the firm’s skeleton crew that manned the ship after Sygnia was classified as an essential financial services provider when the lockdown was instituted. Also, during this time, Sygnia’s board appointed Hufton to the joint CEO role with immediate effect, conveying a message of confidence in him and his co-CEO, Magda Wierzycka, that “the joint CEOs will steer Sygnia through these turbulent times and beyond”.

He was previously the deputy CEO of Sygnia and prior to joining the firm in February 2016 was a member of the executive committee of Alexander Forbes for many years and held various leadership roles there.

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