Naspers CEO steps down; Ervin Tu, Chief Investment Officer, takes over in the interim

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September 18, 2023
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2 min read

Bob van Dijk, Chief Executive Officer of Prosus NV and Naspers, is leaving his positions as Chairman of the Board and as Head of the eCommerce investor.

Van Dijk's resignation is effective today, September 18, 2023. He has been the Chief Executive of Naspers since 2014 and of Prosus since its IPO in 2019.

Naspers is a South African Internet, technology, and multimedia holding company and one of the largest investors and operators in the world of technology with interests in online retail, publishing, and venture capital investment. 

Several industries, including edtech, food delivery, classified ads, social/gaming, payments and fintech, and social/gaming, have benefited from Naspers' investments. In September 2019, Naspers spun off its international Internet businesses to create Prosus NV, now Nasper’s majority owner. 

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In a statement to shareholders, the boards of both companies “mutually agreed” on Van Dijk's resignation.

“The Boards of Prosus and Naspers want to thank Bob for his leadership over a full decade,” said Koos Bekker, Chair of Prosus, in a statement. “During this time, substantial businesses were established in Classifieds, Food Delivery and Payments, while we also entered several new fields. We appreciate Bob’s contributions and wish him much success with his future career.”

Van Dijk will continue to work as a board consultant for Prosus and its parent company, Naspers, through the end of September 2024. In the interim, Ervin Tu, Chief Investment Officer, will take over as Chief Executive Officer. 

Tu moved from SoftBank to Naspers and Prosus two years ago. In the past, he also held a position at Goldman Sachs Group, where he specialised in mergers and acquisitions.

According to the statement, Tu significantly contributed to the company's strategic direction as chief investment officer and will maintain continuity in implementing the group's top priorities.

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“The boards of Prosus and Naspers want to thank Bob for his leadership over a full decade,” said Chairman Koos Bekker. “During this time, substantial businesses were established in classifieds, food delivery and payments, while we also entered several new fields.”

She's autistic and interested in mental health and how technology can help Africans with mental disorders. Find her on Twitter @latoria_ria.
She's autistic and interested in mental health and how technology can help Africans with mental disorders. Find her on Twitter @latoria_ria.
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She's autistic and interested in mental health and how technology can help Africans with mental disorders. Find her on Twitter @latoria_ria.

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