ConvergeNet Holdings Limited announced the following changes to the Board: Mr. Peter van Zyl, who is currently acting as the Financial Director and Interim Chief Executive Officer of the Company, has been appointed as the permanent Chief Executive Officer of the Company with effect from 1 February 2015. Mr. Charl de Villiers will replace Mr. Van Zyl as Chief Financial Officer with effect from 1 February 2015. Mr. De Villiers is a qualified Chartered Accountant (SA).

In May 2013, Mr. De Villiers joined AfrAsia Corporate Finance where he advised ConvergeNet Holdings Limited on the sale of Sizwe Africa IT Group and other operating subsidiaries as well as the subsequent conversion of the Company to an investment entity.