Spur Corporation Limited announced that Phillip Matthee, the chief financial officer ("CFO") of company, has requested to stand down from his current position for personal reasons and to take on a senior operational role within the group's finance department. The board has reluctantly agreed to Phillip's request and he will resign from the board and as CFO with effect from 31 January 2021 and assume the role of commercial accounting executive. Cristina Teixeira has been appointed as chief financial officer with effect from 1 February 2021, to replace Phillip Matthee. She joined Consolidated Infrastructure Group as CFO in 2019. Cristina has led finance teams that have been consistently recognised in the Investment Analysts Society annual awards for reporting and disclosure, and in the Institute of Chartered Secretaries/JSE reporting awards.