Rob Dower will assume the role of Chief Operating Officer of Allan Gray

I am pleased to announce that Rob Dower (pictured) will assume the role of Chief Operating Officer of Allan Gray in July 2009. He will replace Greg Fury who will be leaving to pursue private interests. In the interim Rob will work alongside Greg to ensure an orderly transition.

Rob joined the firm in 2003 after several years with McKinsey & Co. in London following an MBA at INSEAD. In his time at the firm Rob has fulfilled a number of roles, most recently as joint head of the firm’s retail division, with specific responsibility for operations, technology and finance.

We have been impressed by Rob’s leadership qualities and the contribution he has made to the range and quality of service we have been able to offer clients. He wholeheartedly subscribes to the Allan Gray culture and standards of ethics.

Rob does have the very big shoes of Greg Fury to fill. Since Greg was appointed as chief operating officer at the beginning of 2004 the firm has gone from strength to strength. We appreciate Greg’s great contribution to Allan Gray during the past five years and wish him well in his future endeavours.

We thank you for your support and assure you of our ongoing commitment to the highest standards of performance and ethics.

Yours sincerely

Simon Marais
Chairman