The board of Jasco Electronics Holdings Limited announced that Warren Prinsloo, who has been the company's group Chief Financial Officer ("CFO") for the last 15 years, will be appointed as the new Chief Executive Officer (CEO) with effect from 1 March 2021. He will replace the interim CEO, Pete da Silva. As committed to the market, Pete stepped in as interim CEO to ensure stability to the group following the resignation of the previous CEO nine months ago. Pete will resume his role as alternate non-executive director to the Deputy Chairman.