TeleMasters Holdings Limited announced that shareholders are advised that with effect from 1 January 2018, Mr. Mario Pretorius will be retiring as Chief Executive Officer of the company, but will continue to serve on the Board in the capacity of Non-executive Chairman; the role of the current Independent Non-executive Chairman, Mr. Stephen van der Merwe, will change to that of Lead Independent Director; and Mr. Jaco Voigt, a Non-executive director of the company for the past 9 years, will be appointed as CEO and his role will accordingly change from that of Non-executive Director to Executive Director. Following his appointment as CEO, Jaco will step down as a member of the Audit Committee and the Chairperson of the Remuneration Committee. Mr. Stephan van der Merwe will assume the role of Remuneration Committee Chairman with immediate effect.