The board of Basil Read Holdings Limited announced that the CEO and Executive Director, Neville Nicolau has decided to leave the group for personal reasons with effect from 31 May 2017. It announce the appointment of Khathutshelo Mapasa, as group acting CEO. Khathutshelo is a group executive committee member and the executive officer for Mining.

Khathutshelo has over 15 years' experience in mining, including senior roles within the De Beers group. He joined Basil Read in 2014 as head of mining.