Prescient Limited announced the appointment of Murray Louw, currently the non-executive Chairman of the Group, as Financial Director with effect from 1 February 2017. It is envisaged that the appointment will take effect following the completion of the delisting of the financial services operations of the Group ("PFH"), as approved by shareholders on 28 October 2016. Michael Buckham, current Financial Director of the Group, has decided to resign in order to continue his career with another listed company. However, Michael will remain with the Group until 31 January 2017 in order to finalise the delisting of PFH. Herman Steyn will fulfil the role of Chairman of PFH. In addition, company announced the appointment of Willie Venter as Chief Executive Officer of PFH. Willie has been an integral part of the leadership team of PFH since 2007 and is well positioned to lead the financial services business.