Mr. Fourie welcomed Mr. Nuyoma on behalf of the board of directors, management and staff of Capricorn Group and said: “We are privileged to have attracted Mr. David Nuyoma to our Group. He is one of the most respected business leaders in Namibia, and we are confident that the Group will greatly benefit from his leadership. We wish him the very best for success in his new role."
Mr. Nuyoma expressed his delight and honour to be offered the position of Group CEO of the Capricorn Group and said: “I look forward to optimising value to this publicly listed, hugely successful, truly locally-owned financial institution. I fully subscribe to Capricorn Group's brand promise of #Make Change Positive."
Mr. Fourie also extended the board and management's sincere gratitude and appreciation to Mr. Thinus Prinsloo for his valuable contribution to the growth and success of the Capricorn Group during his tenure as Group CEO. “We wish Thinus the very best for the future as he takes up his new role at Capricorn Investment Holdings, the largest shareholder of Capricorn Group. As part of the process for a smooth leadership transition, Thinus Prinsloo has agreed to remain in his current position as Group CEO until 29 February 2024, during which time he will hand over responsibilities to Mr. Nuyoma and, in collaboration with the Group Chairman and the Group Executive Management Team, execute the orientation program and induction process for Mr. Nuyoma. We thank Mr. Prinsloo for his commitment and support during this important transition process," concluded Mr. Fourie.