Grit Real Estate Income Group Limited announced changes to the Board. Sir Sam Jonah reached retirement age recently and accordingly withdrew himself from re-election at the annual general meeting, held yesterday, and has stepped down from the Board today. The Board would like to express its gratitude to Sir Sam for his meaningful contribution to Grit over the years and wishes him well for the future, and for his retirement.

The Board announced the appointment of Mr. Nigel Nunoo as independent Non-Executive Director with effect from19 December 2023. He has also been appointed as a member of the Remuneration Committee. Nigel is an experienced Global Senior Executive with 20+ years of tenure at Prudential Financial Inc. He is known for successfully establishing and expanding the company?s presence in Africa.

Nigel is a Fellow of the Society of Actuaries (FSA) and a Chartered Financial Analyst (CFA) charter-holder who also has an Executive MBA. Nigel has a proven track record of driving sustainable growth and delivering sustainable profitability in diverse global markets, spanning the United States, Europe, and Africa and is fluent in English and several African languages. Company also announced that Leon van de Moortele, Executive Director of the Grit group, is taking a medical leave of absence.