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  • 22 February 2019
You are here: Home / MyPE / Oakbay Investments announces CEO resignation due to health issues

Oakbay Investments announces CEO resignation due to health issues

18 October 2016 By MyPortElizabeth

Oakbay Investments announces CEO resignation due to health issues:

Oakbay Investments (“Oakbay”) (www.OakbayInvestments.co.za) announces the resignation of its Chief Executive Officer, Nazeem Howa, with immediate effect.

After a period of illness, Mr. Howa has stepped down from his duties at Oakbay due to health issues and medical advice.

Ronica Ragavan, the current Financial Director of Oakbay, will assume the role of Acting Chief Executive Officer, whilst the Company searches for a permanent successor.

?Oakbay wishes to thank Mr. Howa for his outstanding contribution to the Company since joining in 2010.

Ronica Ragavan, Acting Chief Executive Officer of Oakbay Investments, said:

“Nazeem has been a outstanding Chief Executive for Oakbay and embodied the company’s philosophy of hard work, innovative thinking, job creation and disruption where disruption creates value.

“We wish him the very best in his recovery.”

Nazeem Howa said:

“It has been a honour and a privilege to lead such a talented group of co-workers. In time, Oakbay will be recognised as the type of company South Africa needs: innovative, job-creating, tax paying and law-abiding. I look forward to that day.” 

Distributed by APO on behalf of Oakbay Investments Ltd.

Enquiries:
Oakbay Investments
corpcomm@oakbay.co.za  

Media files
Oakbay Investments Ltd
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Source: APO – Africa-Newsroom: latest news releases related to Africa.

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About MyPortElizabeth

About Alan Straton: Passionate about Port Elizabeth and definitely NOT packing for Perth. Alan's ethos is epitomised in the words of Nelson Mandela; "I have fought against white domination and I have fought against black domination. I have cherished the idea of a democratic and free society. If need be, it is an ideal for which I am prepared to die."





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