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Sasfin Holdings CEO stepping down

Roland Sassoon will step down as CEO of Sasfin Holdings Ltd. and be replaced by Michael Sassoon, effective Jan. 1, 2018.

Roland Sassoon will continue as a nonexecutive director at Sasfin Holdings and as CEO of wholly owned subsidiary Sasfin Bank Ltd. for the foreseeable future to allow for a smooth transition.

Michael Sassoon is currently an executive director at Sasfin Holdings.