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  • Wendy Luhabe, South African businesswoman, is stepping down as Chair of Pepkor (JSE-listed group behind PEP, Ackermans, and HiFi Corp).

  • She has chaired the board since December 2020 and will leave on 30 June, citing a desire to scale back her board commitments.

  • Luhabe previously stepped down as Chair of food group Libstar last year.

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  • Ian Kirk, former Sanlam Group CEO and current lead independent director at Pepkor, will act as Chair while a successor is sought.

  • Luhabe will retain a non-executive board seat at Swiss luxury group Richemont.

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