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IPD Group executive director Mohamed Yoosuff to transition to non-executive role

October 10, 2025 at 10:07 AM UTCBy FilingReader AI

IPD Group Limited announced that Mohamed Yoosuff, executive director of strategic development, will transition from his executive role effective December 31, 2025. Mr. Yoosuff, who joined IPD in 2000 and was a founding director and cfo following a 2005 management buyout, will remain on the IPD Group board as a non-executive director and also serve as a director of IPD Colombo (PVT) Ltd.

Going forward, responsibilities for his executive focus areas will be reallocated. M&A oversight will be assumed by chief executive Michael Sainsbury and cfo Jason Boschetti, with Mr. Yoosuff continuing board-level engagement. IT and offshore operations oversight will be handled directly by Mr. Sainsbury, and investor relations will be managed by David McFadyen of Tenor Advisory.

Chief executive Michael Sainsbury acknowledged Mr. Yoosuff's "indelible mark" on IPD Group, citing significant growth, multiple acquisitions, and a successful ASX listing under his tenure. Mr. Yoosuff expressed pleasure in his contributions and stated his intention to remain a long-term shareholder.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

ASX:IPGAustralian Securities Exchange

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