Strate appoints new CEO
11 June 2018 Pretoria
Image: Shutterstock
The South African Central Securities Depository (CSD), Strate has appointed Andr茅 Nortj茅 as its new CEO, effective from August this year.
Nortj茅 was most recently COO of Momentum Investments.
Nortj茅 will take over from Maria Vermaas, the head of Strate鈥檚 legal and regulatory division, who was appointed Strate鈥檚 Interim CEO in September 2017.
Nigel Payne, chairman of Strate, said: 鈥淎fter a rigorous and comprehensive recruitment process, the board is pleased with the appointment of Andr茅 Nortj茅 and we believe he is the best individual to lead a key financial market infrastructure like Strate.鈥�
Commenting on his appointment, Nortj茅 said: 鈥淪trate is an exceptional organisation that has achieved great accomplishments since its inception, contributing greatly to the development of South Africa鈥檚 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.鈥�
Nortj茅 was most recently COO of Momentum Investments.
Nortj茅 will take over from Maria Vermaas, the head of Strate鈥檚 legal and regulatory division, who was appointed Strate鈥檚 Interim CEO in September 2017.
Nigel Payne, chairman of Strate, said: 鈥淎fter a rigorous and comprehensive recruitment process, the board is pleased with the appointment of Andr茅 Nortj茅 and we believe he is the best individual to lead a key financial market infrastructure like Strate.鈥�
Commenting on his appointment, Nortj茅 said: 鈥淪trate is an exceptional organisation that has achieved great accomplishments since its inception, contributing greatly to the development of South Africa鈥檚 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.鈥�
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