Investec AM gets new CEOs as Hendrik du Toit is appointed Investec Group CEO

John Green and Mimi Ferrini will become deputy CEOs of Investec AM

Hendrik du Toit, founding CEO of Investec Asset Management, is to become co-CEO of the wider Investec Group from 1 October 2018, as John Green and Mimi Ferrini step up to become joint-CEOs of the asset management business.

Subject to regulatory approval, Investec Group has announced a series of management changes this morning as part of a succession plan initially announced in November 2015. A statement said Stephen Koseff, chief executive officer of the Investec Group, Bernard Kantor, managing director, and Glynn Burger, risk and finance director, are considered to be part of the founding members of Investec and  have been part of the senior management team for almost 40 years. Koseff and Kantor will step down from their roles on 1 October, becoming executive directors until 31 March 2019 and then they...