Mark Sorour, Naspers chief investment officer retires after more than 20 years at the group

Mark Sorour, executive director and group chief investment officer of Naspers, has decided to retire after more than 20 years with the group. Mark has been at the forefront of all the group’s expansion efforts and has led some of the most meaningful transactions for Naspers.

The firm said Mark will remain on the board as a non-executive director though his appointment will be presented for approval by shareholders at the next annual general meeting. He will also continue to serve as a non-executive director on the Mail.ru Group Limited board.

The board thanks Mark for his valuable contribution and looks forward to his insights as a non-executive director.

Fahd Beg, currently Deputy Chief Investment Officer, will succeed Mark as Group Chief Investment Officer, reporting to Pat Kolek, Group Chief Operating Officer.