DURBAN – JSE-listed EOH Holdings has bolstered its executive team by appointing Fatima Newman as its chief risk officer and executive director, effective from August 1.
The group said on Friday that Newman had a proven pedigree with 25 years of experience as a strategic leader of risk, compliance, regulatory and governance oversight in banking and financial services, stockbroking, asset management and corporate finance.
EOH chairperson Dr Xolani Mkhwanazi said Newman would bring much-needed skills into the group.
“I am very pleased that Fatima is joining the board as her skill-set and uncompromising commitment to good governance will complement the recent appointments of Andrew Mthembu, Michael Bosman and Anushka Bogdanov as independent non-executive directors,” Mkhwanazi said. The appointment of Newman follows the appointment of the three independent non-executive directors in June in an effort to make the board compliant with the King Code of Corporate Governance.
Newman is expected to bring a wealth of experience to the board as she was employed as the executive for business risk management and compliance at MTN Group, responsible for the strategic lead in the development and implementation of the business risk management and compliance, ethics and forensic investigation agendas, a role she held for two years.