Luxe Holdings Limited announced that Ms Angella Makowe resigned as an independent non-executive director and member of the Audit and Risk Committee with effect from 22 July 2022. Mr. Sheshile Thulani Zwelhle Ngubane has been appointed as an independent non-executive director and Chairperson of the Audit and Risk Committee with effect from 3 August 2022. Sheshile is a seasoned retail banking professional with years of experience in funding emerging black businesses. He is also a senior member of International Executive Services Corp. raising funds through
US Aid. Mr. Mohamed Said Tinawi has been appointed as an independent non-executive director and Chairman of the Board with effect from 3 August 2022. Said has extensive experience in the fine watch industry and his previous partnerships with international brands in the Middle East will be invaluable for overseeing the Board's strategic vision of the group. Ms Claire Middlemiss ("Claire") has been appointed as Company Secretary of Luxe with effect from 1 August 2022, replacing CIS Company Secretaries Proprietary Limited who resigned with effect from 31 July 2022. Claire, who has a BCom Honours ­ Corporate Governance degree, is a Fellow Member of the Chartered Governance Institute of Southern Africa and the Institute of Accounting & Commerce. She has over 20 years of company secretarial and corporate governance experience, having worked for various JSE listed companies, as well as for large private companies, NPCs and SOCs.