Afristrat Investment Holdings Limited announced that Mr. Keith Rayner has elected to resign as an independent non-executive director and Chairperson of the Company, following the annual general meeting held on November 5, 2021. Mr. Keith Rayner has served as an independent non-executive director on the Board for over 9 years, and as Afristrat's Chairperson since May 2020. Accordingly, in terms of good corporate governance practices, he has served in excess of the nine-year period recommended by King IV, and accordingly his resignation is effective from November 5, 2021. Mr. Roger Pitt, an independent non-executive director of the Board has been appointed as Chairperson, with effect from November 8, 2021.