Manisha Girotra (49) will be appointed as an independent non-executive
director of Naspers Limited (JSE: NPN; LSE: NPSN) after the listing of
Naspers’ subsidiary, NewCo, on the Euronext Amsterdam (with a secondary
listing on the JSE), which, as announced on 25 March 2019, is expected
to be implemented no earlier than the second half of 2019. NewCo, a new
global consumer internet group, will comprise all Naspers’ internet
interests outside of South Africa. Manisha will also serve on the board
of NewCo, post its listing, and as a member of the Naspers and NewCo
audit committees.
Manisha is the chief executive officer of Moelis India. She has more
than 25 years of investment banking experience, with extensive
cross-border M&A expertise across a broad range of industries. Prior to
joining Moelis & Company, Manisha was CEO and Country Head of UBS in
India managing its investment bank, commercial bank, markets, equity
research and wealth management divisions. Previously, she was Head:
North India of Barclays Bank. She began her investment banking career at
ANZ Grindlays in London.
Manisha holds a BA (Hons) degree in Economics from St. Stephen’s College
in Delhi, India, and received a gold medal for her master’s degree from
the Delhi School of Economics. She currently serves on the boards of
Ashok Leyland, Jio Payments Bank and KEC International.
“I am delighted to join the Board of Naspers, a company I respect not
just for their business acumen but also for their contribution to the
broader society globally,” said Manisha Girotra.
Commenting on the appointment, CEO of Naspers, Bob van Dijk, said,
“We’re delighted to appoint Manisha as an independent non-executive
director to the board of Naspers and to the board of Naspers’ subsidiary
Newco, following its listing on Euronext Amsterdam. Her extensive
experience in investment banking across a broad range of industries and
geographies, notably in India – a key market for us, will add
significant value to the group as we implement our company strategy.”
About Naspers
Naspers is a global consumer internet group and one of the largest
technology investors in the world. Operating and investing in countries
and markets across the world with long-term growth potential, Naspers
builds leading companies that empower people and enrich communities. The
group operates and partners a number of leading internet businesses
across the Americas, Africa, Central and Eastern Europe, and Asia in
sectors including online classifieds, food delivery, payments, travel,
education, health, and social and internet platforms.
Every day, millions of people use the products and services of companies
that Naspers has invested in, acquired or built, including Avito,
Brainly, BYJU’S, Codecademy, eMAG, Honor, ibibo, iFood, letgo, Media24,
Movile, OLX, PayU, SimilarWeb, Swiggy, Takealot, and Udemy.
Similarly, hundreds of millions of people have made the platforms of its
associates a part of their daily lives: Tencent (www.tencent.com;
SEHK 00700), Mail.ru (www.corp.mail.ru;
LSE: MAIL), MakeMyTrip Limited (www.makemytrip.com;
NASDAQ:MMYT) and DeliveryHero (www.deliveryhero.com;
Xetra: DHER).
Today, Naspers companies and associates help improve the lives of around
a fifth of the world’s population. Naspers actively searches for new
opportunities to partner exceptional entrepreneurs who are using
technology to address big societal needs.
Naspers has a primary listing on the Johannesburg Stock Exchange
(NPN.SJ) and a secondary listing on the A2X Exchange (NPN.AJ) in South
Africa, and has an ADR listing on the London Stock Exchange (LSE: NPSN).
For more information, please visit www.naspers.com.
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