Alexander Forbes Group Holdings Limited announced that Mr. Aaron Daniel Mminele has been appointed as an Independent Non-Executive Director and Chair designate of the board of directors of Alexander Forbes (Board) and member of the Nominations and Remuneration committees of the Company with effect from 1 January 2022. The current Chair of the Board, Ms M Ramplin, has indicated a desire to retire from the Board in early 2022. The effective date of Ms Ramplin's retirement and Mr. Mminele's transition to Chair will be 1 April 2022, following conclusion of the March 2022 board cycle and aligned with the commencement of the new financial year. Mr. Mminele served as Group Chief Executive at Absa Group Limited from 15 January 2020 until 30 April 2021. Prior to joining Absa in January 2020, he served two five-year terms as Deputy Governor of the South African Reserve Bank. His responsibilities included Financial Markets, International Economic Relations and Policy, as well as the Human and Operations Cluster.