The board of directors of Pepkor Holdings Limited announced that Mr. Pieter Erasmus, the group Chief Executive Officer, has been appointed as a member of the Social and Ethics Committee ("the Committee") with effect from 1 November 2022. The appointment is to fill a vacancy on the Committee. The Committee now consists of Fagmeedah Petersen-Cook (chairperson), Paula Disberry, Zola Malinga and Pieter Erasmus.

The group announced the appointment of Sean Cardinaal as Chief Operating Officer of Pepkor. Sean has considerable retail experience, having served as chief operating officer of the European listed Pepco Group and driving value creation in the Poundland and Dealz business as well as developing the group's international sourcing capabilities. Prior to this, Sean joined Pepclo (the group's manufacturing operation) in 2003 before becoming buying director of Pep.

He served as managing director of Ackermans from 2011 to 2016 and was instrumental in repositioning the Ackermans business to become a value retail champion in South Africa, which laid the foundation for many years of market-leading growth.