Ellies Holdings Limited appointed Francois Olivier as a non-executive director. Mr. Olivier has 19 years of investment research and portfolio management experience, six years of which were spend in the USA. Edward Raff has been appointed as a non-executive director. Mr. Elliott Salkow will take on a non-executive director role on the Board and will relinquish fulltime duties at the Company. Christiaan Booyens the current interim chief financial officer, has been appointed as an executive director and will continue as the CFO. Timothy Fearnhead has been appointed as a non-executive director and chairman of the Board.