Strate appoints new CEO
11 June 2018 Pretoria
Image: Shutterstock
The South African Central Securities Depository (CSD), Strate has appointed André Nortjé as its new CEO, effective from August this year.
Nortjé was most recently COO of Momentum Investments.
Nortjé will take over from Maria Vermaas, the head of Strate’s legal and regulatory division, who was appointed Strate’s Interim CEO in September 2017.
Nigel Payne, chairman of Strate, said: “After a rigorous and comprehensive recruitment process, the board is pleased with the appointment of André Nortjé and we believe he is the best individual to lead a key financial market infrastructure like Strate.”
Commenting on his appointment, Nortjé said: “Strate is an exceptional organisation that has achieved great accomplishments since its inception, contributing greatly to the development of South Africa’s financial markets. I am honoured to be at the helm of such an organisation and I am looking forward to working closely with its talented professionals.”
Nortjé was most recently COO of Momentum Investments.
Nortjé will take over from Maria Vermaas, the head of Strate’s legal and regulatory division, who was appointed Strate’s Interim CEO in September 2017.
Nigel Payne, chairman of Strate, said: “After a rigorous and comprehensive recruitment process, the board is pleased with the appointment of André Nortjé and we believe he is the best individual to lead a key financial market infrastructure like Strate.”
Commenting on his appointment, Nortjé said: “Strate is an exceptional organisation that has achieved great accomplishments since its inception, contributing greatly to the development of South Africa’s financial markets. I am honoured to be at the helm of such an organisation and I am looking forward to working closely with its talented professionals.”
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