CAPE TOWN -  EOH Holdings announced that its chief executive Zunaid Mayet has stepped down from his role to take over as the head of the group’s newly-created subsidiary Nextec, as part of the company’s restructuring process. 

EOH said it had also decided to reconfigure its board with the appointment of Jesmane Boggenpoel as independent non-executive director, chairperson of the governance and risk committee and a member of the audit committee in a bid to strengthen governance and to support the new business model.