Lewis Group Limited announced that Independent non-executive chairman David Nurek has advised the board that he plans to retire after serving as a director and chairman since the group's listing on the JSE in 2004. The board has nominated independent non-executive director Hilton Saven to succeed Mr. Nurek. Through a managed succession process, Mr. Nurek has agreed to stand for re-election as a director at the forthcoming annual general meeting in August 2017. He will serve as a director until a suitable candidate has been appointed to the board to succeed Mr. Saven as chairman of the audit committee, at which time he will formally retire from the board and be succeeded by Mr. Saven. Daphne Motsepe and Adheera Bodasing have been appointed as non-executive directors with effect from 1 June 2017. Ms. Motsepe is an experienced banking executive and company director. She was formerly chief executive of unsecured lending at Absa and also served as managing director of Postbank. She is currently a non-executive director of Edcon, Mercantile Bank Holdings, Rand Mutual Assurance Company and Kapela Investment Holdings. The company also announced that Independent non-executive director Ben van der Ross will be retiring from the board at the forthcoming AGM. Mr. van der Ross has been a director since 2004 and also serves as chairman of the group's remuneration committee.