Tourvest Group is pleased to announce the appointment of Mr Luvhengo Neswiswi, as Group Chief Executive Officer, effective 1 January 2023. Neswiswi takes over from Mr Sean Joubert, who successfully completed his contract term and mandate.

A Chartered Accountant, Neswiswi has a 17-year tenure with Tourvest, having joined as deputy CFO, and promoted to the CFO position in 2006, when Tourvest was a listed entity. Neswiswi has also completed an Executive Programme at Harvard Business School.

Having spent 17 years with the group, Neswiswi has the required skills sets to grow the company to the next level.

The appointment of Neswiswi, an internal appointment, is applauded and is a vote of confidence by the Board and the designated shareholders.

Tourvest Group Chair, Mr Robert Gumede expressed, “In his capacity as Group CFO, Mr Neswiswi has been instrumental in driving the company’s growth, both organically and through strategic acquisitions. His impeccable skills in capital allocation and managing stakeholder relations, were particularly evident during the COVID pandemic, thus ensuring the survival of the group. Under Mr Neswiswi’s stewardship we are confident of the continued development, growth and success of our business over the coming years. I am delighted that we have promoted internally, demonstrating the calibre of our team and Tourvest’s commitment to our people.”

“Tourvest recognises that the tourism sector is a gateway and catalyst to economic recovery. Our priority remains, to ensure job retention and adding new jobs, as we continue to reach and outperform pre-COVID levels of growth and profitability.”

“On behalf of the Board, I thank our outgoing Group Chief Executive Officer Mr Sean Joubert, for his service. We wish him well in his future endeavors,” Gumede concluded.