South African Central Securities Depository (CSD), Strate, is pleased to announce the appointment of André Nortjé as its new CEO, effective 1 August 2018.
“After a rigorous and comprehensive recruitment process, the board is pleased with the appointment of André and we believe he is the best individual to lead a key financial market infrastructure like Strate,” says Nigel Payne, Chairman of Strate. “André is an accomplished leader, who brings 19 years of executive management experience in financial services, most recently as Chief Operating Officer of Momentum Investments.”
Reflecting on his appointment, Nortjé says: “Strate is an exceptional organisation that has achieved great accomplishments since its inception, contributing greatly to the development of South Africa’s financial markets. I am honoured to be at the helm of such an organisation and I am looking forward to working closely with its talented professionals.”
Payne extends his gratitude to Maria Vermaas, the Head of Strate’s Legal and Regulatory Division, who was appointed Strate’s Interim CEO in September 2017. “To Maria, the executive team and staff, we acknowledge your sterling efforts to continue serving our clients and all other stakeholders while the Board embarked on its recruitment process.”