Anchor Group Limited announced following changes to the board with immediate effect: Mr. Todd Kaplan changes his role from Financial Director to Chief Operating Officer; Mr. David Rosevear is appointed as the new Financial Director; Mr. Nick Dennis is appointed as an independent non-executive director; and Mr. Ivan Clark has retired. Mr. David Rosevear has over 38 years of experience in the operational, financial and corporate finance environment. Mr. Nick Dennis was appointed to the Nedbank board as an Independent non-executive from November 2002 to December 2007 where he served on the Risk, Credit and Remuneration Committees.

Nick will also serve as a member on the Audit & Risk Committee of Anchor.