Finweek English Edition - - THE WEEK -

Dr Chris van der Merwe, out­go­ing CEO of pri­vate ed­u­ca­tion group Curro, has built the busi­ness from a sin­gle school in 1998 into an ed­u­ca­tional group with 127 schools and a mar­ket cap­i­tal­i­sa­tion of nearly R20bn. Van der Merwe will step down ef­fec­tive 1 July, at a time when Curro is plan­ning to split its schools and ter­tiarye­d­u­ca­tion busi­nesses and list the lat­ter sep­a­rately. Curro be­lieves the ter­tiarye­d­u­ca­tion busi­ness – it cur­rently serves 1 273 stu­dents at its Em­bury cam­pus in Dur­ban, and ex­pects to start en­rolling stu­dents at its campuses in Mon­tana and Water­fall Es­tate this year – can reach over 100 000 stu­dents.

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