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.