The board of Imperial is pleased to announce that Mr Mark Lamberti (63) has been appointed as chief executive officer of Imperial Holdings Limited, succeeding Mr Hubert Brody with effect from 1 March 2014.
The appointment was made after an extensive search by the Nominations Committee, during which a number of external and internal candidates were considered.
Chairman Thulani Gcabashe said: “We are delighted to have appointed someone of the calibre of Mark Lamberti. We are confident that his experience, exceptional leadership skills and expertise will benefit Imperial and its stakeholders. The group is well positioned to continue executing its strategy.”
Mark Lamberti will in due course relinquish his current appointments on the boards of other listed companies. Hubert Brody will remain on the board of Imperial as a non-executive director.
Incoming CEO Mark Lamberti said: “I am honoured to succeed Hubert, and before him the late Bill Lynch, as the leader of this remarkable group and look forward to working with Imperial’s highly skilled leadership team to deliver value for stakeholders.”