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2 Rand Merchant Investment portfolio company CEOs resign

South Africa's Rand Merchant Investment Holdings Ltd. said the CEOs of two of its portfolio companies resigned, effective Dec. 31.

OUTsurance Holdings Ltd. CEO Willem Roos will leave the company to take an executive post in 4G+ mobile startup Rain. He will remain a company board member and shareholder.

Meanwhile, Chris Meyer, CEO of asset manager RMI Investment Managers, will resign and relocate to Sydney. He has held the post since 2015.