Naspers/Prosus CEO steps down, M&A chief Tu takes the helm

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Naspers/Prosus CEO steps down, M&A chief Tu takes the helm
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Bob van Dijk has stepped down as the long-time CEO of Dutch technology investor Prosus and its South African parent company Naspers, with M&A chief Ervin Tu taking both positions on an interim basis.

Move coincides with Prosus ending its stake in NaspersJOHANNESBURG/AMSTERDAM, Sept 18 - Bob van Dijk has stepped down as the long-time CEO of Dutch technology investor Prosus

At 0910 GMT, Prosus shares were trading down 0.9% in Amsterdam, while Naspers' shares were 1.5% lower in Johannesburg. Tencent shares closed down 1.6% in China. A source close to the companies said Van Dijk's exit came at a natural time after nearly a decade at the helm of Naspers, almost double the time most CEOs spend at FTSE 100 companies.

Van Dijk, who has led Naspers since 2014 and Prosus since 2019, has agreed to remain as a consultant until Sept. 30, 2024, the companies said in a statement.Tu said Prosus was working on "multiple situations" to unlock value, including possibly seeking stock market listings for some investments.

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