Sasfin Holdings Limited announced that after six and a half years of service to the group, Mr. John Moses has notified the board that he will resign as an independent non-executive director of the board and the relevant the company subsidiary boards with immediate effect. The company shareholders are announced that Ms. Gugu Mtetwa has been appointed as an independent non-executive director of the company with immediate effect. It is intended that Gugu will also serve on a number of board committees to be determined. Gugu is a senior executive with over 15 years of experience in the Financial Services and Telecommunications industries, with specific expertise in Short and Long term Insurance, Investment Management, Real Estate and Technology. Gugu is currently an independent non-executive director of several companies including the Development Bank of Southern Africa, Santam Limited and Italtile Limited.