Takealot owner appoints new CEO

Fabricio Bloisi will be the new CEO of Takealot-owner Naspers and Prosus.

Bloisi will join the Naspers board as an executive director on 1 July and the Prosus board following the AGM in August 2024, subject to shareholder approval.

Bloisi will leave his current role as CEO of iFood. He acquired iFood in 2013 when it was a 20-person start-up, and it has since grown to become Brazil’s leading food delivery company.

He has a degree in Computer Science from the State University of Campinas (UNICAMP) and an MBA from the Getulio Vargas Foundation (FGV/EAESP).

“Backing exceptional entrepreneurs who improve people’s everyday lives through technology has brought us some success over the years,” said group Chairman Koos Bekker.

Interim CEO Ervin Tu will take up a new position as President and Chief Investment Officer (CIO).

“Ervin has done an outstanding job as our interim CEO. He navigated a challenging external environment, re-focussed our teams, and brought energy and vigour to bear,” said Bekker.

“As our new President and CIO, he will play a fundamental role in shaping the Group’s future strategy, investments, and capital allocation.”

The group said that its strategic goals remain unchanged, and it is set to deliver on its targets, such as achieving consolidated e-commerce trading profit during the second half of FY24.

Naspers year-end results will be published on Monday, 24 June 2024.

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