SWI Capital Holding Ltd announces changes to its Board of Directors and Audit Committee
SWI Capital Holding Ltd has announced several leadership updates within its governance structure. Ido Shavit was appointed as an independent non-executive director, effective September 30, 2026. He will serve until the next annual general meeting when his re-election is subject to shareholder approval. Shavit brings extensive executive experience and currently serves as CEO of Cycling Academy Ltd. Jean-Pierre Verlaine has stepped down from both the Board of Directors and Audit Committee with immediate effect, also on September 30, 2026. His departure aims to clarify governance boundaries between SWI Capital Holding Ltd and his affiliated investment firm, Engelwood Group, which maintains business relationships with the company. To fill this vacancy, Fernando Bolivar was appointed as a new member of the Audit Committee. The changes reflect an ongoing effort by SWI to strengthen its corporate governance framework while ensuring transparency in dealings involving related parties.
