Imperial Holdings Limited announced the structural changes and the resulting appointments that affect the executive directorate. With effect from the 1st July 2016 Imperial's entire logistics interests (i.e. Imperial Logistics South Africa, Imperial Logistics Rest of Africa and Imperial Logistics International) will be managed as one division. Mr. Marius Swanepoel, currently a director of Imperial Holdings Limited and Chief Executive Officer of Imperial Logistics Africa, will be appointed Chief Executive Officer of the new Logistics division from the same date.

With effect from the 1st July 2016 Imperial's entire vehicle interests (i.e. Vehicle Import Distribution and Dealerships; Vehicle Retail Rental and Aftermarket Parts; and Motor related Financial Services) will be managed as one division. From 1st July 2016 until the 31st December 2016, Imperial Holdings Limited Group Chief Executive Officer, Mr. Mark Lamberti will be Executive Chairman of the division, leading and prioritising the necessary integration initiatives. On 1st January 2017, Mr. Osman Arbee, currently Imperial Holdings Limited Group Chief Financial Officer, will be appointed Chief Executive Officer of the newly created Vehicles division.

Starting from 1st January 2017, an orderly transition will result in Mr. Mohammed Akoojee, currently Chief Executive Officer of Imperial Logistics Rest of Africa, being appointed Imperial Holdings Group Chief Financial Officer on 1st April 2017. From 1st July 2016, the newly created Logistics and Vehicles divisions will be reported on as single entities with due regard to the disclosures and transparency necessary to facilitate understanding and insight for shareholders.