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VUN
VUN
VUN - VUNANI LIMITED - Vunani fund managers appoints Romeo Makhubela as Chief
Executive Officer
VUNANI LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1997/020641/06)
JSE code: VUN
ISIN: ZAE000110359
("Vunani" or "the company")
VUNANI FUND MANAGERS APPOINTS ROMEO MAKHUBELA AS CHIEF EXECUTIVE OFFICER
Vunani Fund Managers, a subsidiary of JSE AltX listed Vunani Limited, today
announced that Romeo Makhubela has been appointed as Chief Executive Officer
with effect from 1 August 2011.
Romeo joins Vunani Fund Managers from MMI Holdings` asset management business
where he was Head of Portfolio Management and a director. He will take over
the reins of CEO from Guy Fletcher who was carrying the dual responsibility
of CEO and Chief Investment Officer of the business. Guy will remain as CIO
and focus his energies more directly on the fund management and research
processes.
Romeo was previously Chief Investment Officer at Metropolitan Asset Managers
(MetAM) responsible for asset allocation, portfolio construction and
directing the firm`s investment strategy. Prior to this role, he was a senior
portfolio manager at Stanlib within the multi-asset and core equity
franchises.
Ethan Dube, Vunani CEO commented "We are very excited to welcome Romeo to
Vunani Fund Managers. His 15 years of industry experience will complement our
substantial existing skill set."
"This is a significant milestone for us and enables us to continue building a
top performing black fund management business, both from an investment
performance point of view and with respect to client relations and
servicing."
For further information, please call:
Enquiries:
Vunani Limited: Ethan Dube 011 263 9500
Vunani Limited: Butana Khoza 011 263 9500
College Hill: 011 447 3030
Morne Reinders: 082 815 1844
Sandton
13 July 2011
Independent Designated Adviser
Grindrod Bank Limited
Joint Designated Adviser
Vunani Corporate Finance
Date: 13/07/2011 12:15:01 Produced by the JSE SENS Department.
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