Johan’s appointment to the board of our international holdings company (with Michiel le Roux as alternate director) follows the investment by Rational Expectations in Humanstate. Johan completed a B.Comm degree in Institutional Investments at the University of Stellenbosch (2000), and spent 10 years working on the application of information-based strategies in retail credit before setting up Rational Expectations. He also serves on the board of many portfolio companies, as well as the JSE-listed Digicore Holdings Limit