Sygnia co-founder Magda Wierzycka is returning as CEO of the asset manager after the surprise resignation of David Hufton.

Wierzycka will resume her role as CEO with effect from May 1 after the resignation of Hufton who will continue to serve in his current sole CEO role until April 30 to facilitate a smooth leadership transition. Hufton will remain available after his departure to assist “as and where required”, Sygnia said in a statement on Friday...

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