– JERSEY, St Helier – Masawara Plc (AIM:MASA) announces the resignation of Iqbal Rajahbalee as a non-executive director of the Company with immediate effect.
The Directors also announce the appointment of Christopher Getley (52) as a non-executive director of the Company with immediate effect.
Christopher was born in 1963 and was educated in England. He holds a Bachelor of Science (Combined Honours) in Chemistry and Law. Christopher has been involved in financial services and corporate finance at the highest levels, with particular focus on emerging markets. He started his career at Morgan Grenfell (Deutsche Bank) in 1986. During his eleven years at Morgan Grenfell Christopher rose to the position of director and fund manager specialising in emerging markets. In 1997 he co-founded Aldwych Capital, an asset management firm focussed on emerging markets. He then moved to Cazenove & Co where he subsequently became a Partner; he was responsible for the Global Emerging Markets and Asian equities portfolio. He left Cazenove & Co in 2002 to become Managing Director of Smith’s Corporate Advisory Limited, a boutique corporate advisory firm focused on South African listed equities and investment companies. This business was sold to Westhouse Securities in 2011, with Christopher becoming the Chief Executive Officer of Westhouse. Westhouse is a London Stock Exchange accredited advisor and stockbroker. Christopher left Westhouse in 2014 and led the buyout of AgPlus Diagnostics Limited from Serco Group plc. AgPlus has developed a highly sensitive Point of Care Diagnostic platform for human critical conditions.
Christopher currently sits on the Board of AgPlus Diagnostics, which he chairs. Christopher is a trustee of the Friends of Lois Weedon Church, a charitable non-profit making body.
David Suratgar, Chairman of Masawara, commented; “Iqbal has been an integral member of the Board since Masawara’s listing in 2010. We are sad to see him leave as he focuses on his professional engagements in Mauritius. We are fortunate that in Christopher, we have found an able, experienced and well-qualified member to join our ranks. Christopher joins the board when the Group is at a critical juncture, following recent corporate actions. Christopher brings with him a wealth of relevant experience in emerging markets, and good leadership skills which will be of great value to our Group in its onward journey”.
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