{"id":273339,"date":"2018-09-25T10:18:55","date_gmt":"2018-09-25T08:18:55","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=273339"},"modified":"2018-09-25T10:18:55","modified_gmt":"2018-09-25T08:18:55","slug":"alexander-forbes-fires-group-ceo-due-to-lack-of-confidence-and-trust","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/business\/273339\/alexander-forbes-fires-group-ceo-due-to-lack-of-confidence-and-trust\/","title":{"rendered":"Alexander Forbes fires Group CEO due to ‘lack of confidence and trust’"},"content":{"rendered":"

Financial services company, Alexander Forbes, has announced the termination of its group chief executive and director of the company – Andrew Darfoor – with immediate effect.<\/p>\n

In a shareholder statement released on Tuesday morning (25 September), the company cited ‘a loss of confidence and trust’ as the reason for his termination.<\/p>\n

It added that its board would prioritise the search for a new group chief executive and that an appointment would be made ‘imminently’.<\/p>\n

In the time being, Ms M Ramplin, an independent non-executive director of the company would hold the position of interim group chief executive.<\/p>\n

Darfoor was appointed to the post in August 2016.<\/p>\n

Earlier this month, the company said that about 15% of votes at its annual general meeting had been cast against the election of Darfoor as a member of the group social, ethics and transformation committee.<\/p>\n

\n

Read: Here\u2019s when you can refuse your boss in South Africa \u2013 and when you will get fired for it<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Financial services company, Alexander Forbes, has announced the termination of its group chief executive – Andrew Darfoor – with immediate effect.<\/p>\n","protected":false},"author":10,"featured_media":273341,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9872],"tags":[],"class_list":["post-273339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/273339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=273339"}],"version-history":[{"count":2,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/273339\/revisions"}],"predecessor-version":[{"id":273345,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/273339\/revisions\/273345"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/273341"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=273339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=273339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=273339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}