Nico Marais has been appointed CFO of the Prosus and Naspers Group with immediate effect.
The groups said on Tuesday that Marais brought more than 25 years of experience in financial management within the group, including as interim CFO since December 2024.
He previously served as the GM of finance and played a pivotal role in several key initiatives, including the successful listing of Prosus, the unwinding of the crossholdings, the execution of the current open-ended share repurchases, and Prosus’ debt capital market activities.
Marais is a qualified chartered accountant and holds an accounting degree from Stellenbosch University.
He will join the Naspers board as the financial director with immediate effect and will join the Prosus board after the AGM in August, subject to shareholder approval.
“On behalf of the boards of Prosus and Naspers, I am delighted to confirm the appointment of Nico as group CFO on a permanent basis,” said Prosus and Naspers chair Koos Bekker.
“He brings invaluable expertise and experience to the role, which he has built up over more than two decades with the group. The strong working relationship he has developed with our CEO, Fabricio Bloisi, puts us in good stead as we look ahead with excitement to the next phase of our growth journey”.
Marais’ remuneration will be disclosed in the 2025 Naspers integrated annual report expected to be published on June 23.
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