BUSINESS NEWS - After 23 years at the helm, PSG founder Jannie Mouton is stepping down as non-executive chair and director of investment holding company PSG and subsidiaries PSG Financial Services and Zeder.
Famously fired a few months before his 50th birthday – by his partners at the stockbroking firm he co-founded (And Then They Fired Me by Jannie Mouton with Carié Maas, Tafelberg, 2011) – Mouton went on to found PSG.
Today the group’s investment portfolio covers private education (Curro and Stadio), banking (Capitec), agribusiness (Pioneer Foods) and financial services (PSG Konsult).
In a note to shareholders in May, Mouton announced that he had been diagnosed with an early form of dementia.
Read more at the Caxton publication Moneyweb.