Adcorp - changes to the board
The board of the Company has appointed Alupheli Sithebe and Vincent Raseroka as independent non-executive directors, effective 1 July 2026. Phumla Mnganga and Clive Smith will retire from the board after the 2026 annual general meeting, and the company thanks them for their contributions. Additionally, Sithebe joins the Social and Ethics Committee and the Investment Committee, while Raseroka joins the Human Capital Committee, alongside Robert Radley. Further committee changes, including Mr Raseroka’s appointment as Chairperson of the Human Capital Committee and Lead Independent Director, will be announced later.
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