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Carmen Welz, wife of Stephan Welz, joins the board alongside new executive chairman Frank Kilbourn. A venture capitalist and co-founder of the Bright Foundation for the arts and education, he is also a key collector of modern and contemporary South African art.

Former chairman Elisabeth Bradley has retired.

Wilhelm van Rensburg and Marion Dixon have been appointed picture specialists based at the Johannesburg office. Van Rensburg was an independent curator who has also been co-director for the past ten years of the Johannesburg gallery Art on Paper.

Dixon was previously a freelance art consultant and curator for private and corporate clients.