JOHANNESBURG – Three Alexander Forbes Group Holdings executives have resigned as the South African retirement, investment and insurance-services provider pushes ahead with a strategic review of its market position and business model.
The chief executive at Alexander Forbes Investments Leon Greyling, group chief risk officer Vishnu Naicker and chief human resources officer Christian Schaub plan to pursue other business interests, the company said in an emailed response to questions.
The departures all took effect around the start of the year.
“Details of the resignations are confidential between the company and the relevant executives,” the Johannesburg-based firm said.
Alexander Forbes was halfway through the implementation of a turnaround program known as Ambition 2022 in September when former chief executive Andrew Darfoor was ousted. He had only spent two years at the firm and has said he is challenging his dismissal.