Ervin Tu Named Interim CEO as Bob van Dijk Steps Down From Naspers and Prosus After Nearly a Decade

Bob van Dijk steps down as CEO of Naspers and Prosus after nearly a decade leading the companies.

M&A chief Ervin Tu takes over as interim CEO of both Naspers and Prosus.

Van Dijk's departure coincides with Prosus ending its stake in Naspers through a restructuring.

Naspers chair confirms the companies have no plans to divest their stake in Tencent.

Tu says Prosus is working on listing some investments separately and will continue share buybacks to close the valuation gap with Tencent.