Coronation Fund Managers Limited announced the following changes to the composition of the Company's board of directors and the Audit and Risk Committee, effective 10 October 2017: Professor Alexandra Watson has been appointed as the Lead Independent Non-Executive Director of the Board; and Ms Lulama Boyce has been appointed as a new member of the Audit and Risk Committee. Mr. Shams Pather, Chairman of the Board, will be resigning as a member of the Audit and Risk Committee at the conclusion of the next Audit and Risk Committee meeting, which is expected to be held in November 2017.