Fi­nan­cial di­rec­tor Bosch re­signs

The Star Early Edition - - COMPANIES -

CLOVER In­dus­tries will soon be on the look­out for a new fi­nan­cial di­rec­tor af­ter El­ton Bosch re­signed from his post yes­ter­day. The com­pany said Bosch had ten­dered his res­ig­na­tion for per­sonal rea­sons and in or­der to pur­sue other in­ter­ests. Bosch’s em­ploy­ment and di­rec­tor­ship will con­tinue un­til the end of the year. “He has com­mit­ted to as­sist the board dur­ing this tran­si­tional pe­riod to en­sure the de­sired con­ti­nu­ity in the busi­ness,” the group said. Bosch joined Clover in June 2012 and be­came a fi­nan­cial di­rec­tor in Jan­uary 2016. “Over and above his fi­nan­cial acu­men, Bosch has con­trib­uted sig­nif­i­cantly to the risk and gov­er­nance ar­eas of the busi­ness, which is greatly ap­pre­ci­ated by the board,” the group said. – Sandile Mchunu

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