Lapping leaves the investment firm after two decades and will be replaced by Duncan Artus
Allan Gray’s head of investment Andrew Lapping will be leaving the company towards the end of 2020, the company said.
Lapping leaves the investment company after a 20-year tenure and will be replaced by Duncan Artus effective from September 1. The asset manager has made other key changes including its appointment of Mark Dunley-Owen, who will be joining its sister company Orbis, and Leonard Krüger, who will be leaving Allan Gray to pursue other opportunities.
Other appointees include Londa Nxumalo and Thalia Petousis, who will assume full responsibility for the company’s Bond Fund and the Allan Gray Money Market Fund, respectively, which they now co-manage with Dunley-Owen.
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