PSG Konsult Limited Announces Changes to the Board and Committees, with Effect from 1 March 2023
Mathews ("Bridgitte") and Ms Modi Hlobo ("Modi") will be appointed as independent non-executive directors of PSG Konsult, subject to regulatory approval. They will also be appointed as members of the audit, risk and social and ethics committees. Bridgitte is a chartered accountant and holds a postgraduate certificate in advanced taxation from the University of South Africa. She served on various boards including PSG Group Limited and Redefine Properties Limited. Bridgitte currently serves on the board of Metair Investments Limited and on the board of trustees of WAT Trust. Modi is a chartered accountant with private equity and investment banking experience. She currently serves as senior lecturer in financial management at the University of Johannesburg. Her previous employment included positions at the Development Bank of South Africa, National Empowerment Fund and ABSA Group Limited. Modi also served on the board of PSG Group Limited. Mr. Andile Sangqu has requested to step down as lead independent director to balance his workload, but will remain an independent non-executive director. Consequently, Ms Zodwa Matsau has been appointed as lead independent non-executive director of PSG Konsult in order to accommodate this request.