SENS Announcement | 20 November 2024
ADvTECH Limited
(Incorporated in the Republic of South Africa)
(Registration number 1990/001119/06)
Share code: ADH ISIN: ZAE000031035
(“ADvTECH” or “the Group”)
CHANGES TO THE BOARD OF DIRECTORS
APPOINTMENT OF HANNES BOONZAAIER AS GROUP CHIEF FINANCIAL OFFICER
In accordance with paragraph 3.59(a) of the JSE Limited Listings Requirements, the board of directors of ADvTECH (“Board”) is excited to announce the appointment of Mr Hannes Boonzaaier (“Hannes”) as designated Group Chief Financial Officer (“CFO”) and Executive Director with effect from 1 February 2025.
After an initial handover period, he will succeed Didier Oesch as CFO, who will retire at the end of April 2025 (as per SENS announcement published on 11 June 2024) after serving the Group with distinction for more than 19 years.
Hannes, a Chartered Accountant, joined the AfroCentric Group in 2003 and is currently the Group Chief Financial Officer. He has held this position since 2015 and is responsible for all financial management and investment decisions. Prior to joining the AfroCentric Group, he was a senior manager in the corporate finance team at KPMG, where he also completed his Articles.
Hannes holds a Bachelor of Commerce (Honours) from the University of Pretoria, completed a Chartered Tax Advisor (CTA) through UNISA, and was admitted as a Chartered Accountant (SAICA) in 2000.
CFO South Africa awarded him the CFO Transformation and Empowerment Award in 2019. He won “Best Integrated Audit Report” for healthcare companies at the annual Board of Healthcare Funders Awards in 2022, 2023 and 2024 and was the overall winner in the JSE Small Cap section Integrated Audit Reports at the Sunday Times Companies Secretaries Award in 2022.
The Board would like to congratulate Hannes on his appointment and looks forward to the contribution that he will bring to the Group.
20 November 2024
Johannesburg
Sponsor: Bridge Capital Advisors Proprietary Limited
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