Sandown Capital Limited announced that the board has accepted the resignations of Sean Melnick, Sean Jelley, Lawriein, Duncan Randall and Cindy Hess, who have resigned from the board with effect from 5 September 2018. The company also appointed Warren Chapman as CEO, executive director, Andrew Hannington as CFO, executive director, Andrew was previously CEO of Grant Thornton in Johannesburg, and prior to that CEO and National Chairperson of PKF. Paul Baloyi as Chairman, independent non-executive director.

Paul is currently the managing director of CAP Leverage (Pty) Ltd. Fatima Vawda as Independent non-executive director and Amanda Smith (Mandy Munro-Smith) as Independent non-executive director. Warren has steered Peregrine Securities to become the equity and derivative broker on the JSE by value traded and to remain highly profitable in a declining industry. Warren has a deep understanding of hedge funds and capital market structures and remains abreast of global trends in this area.

He also sits on several regulatory and policy committees and comments extensively on draft regulation. Warren has a keen interest in financial technology, particularly in collecting and interrogating large data for decision making and risk management especially in capital markets. Warren has a proven track record of identifying market and investment opportunities to increase revenues and market share.

Andrew was previously CEO of Grant Thornton in Johannesburg, and prior to that CEO and National Chairperson of PKF. Mandy has held the Executive position of Group Head: Financial Crime Control at Standard Bank and prior to that, the position of Equity Partner and Director in the Governance, Compliance and Investigations Practice Group at Bowman Gilfillan for 10 years. The above appointments to the board will be put to shareholders for approval at the Company's annual general meeting to be held on 15 November 2018.