The chief executive of Dutch e-commerce investor Prosus and its majority shareholder Naspers, Bob van Dijk, has resigned from both the top position and the boards with immediate effect.
Ervin Tu, group chief investment officer at Prosus, has been promoted to interim chief executive of the companies with significant investments in major software, payments, edtech, food delivery, and startup companies across the globe.
Van Dijk, 50, resigned, but the companies made no mention of his reasons other than to remark that it was “mutually agreed.” Van Dijk, who was appointed to the firm’s top position in 2014, strangely didn’t make a statement in the news press release from the companies. However, he will keep consulting the boards for a year.
Naspers’ $32 million investment in China’s Tencent in 2001 helped them rise to the position of a major international investor. The company has strengthened its reputation as a leading investor over the past 20 years by investing in a variety of businesses, including StackOverflow, Delhivery Hero, Trip.com, Udemy, PayU, Byju’s, Swiggy, and Meesho.