Oceana Group says goodbye to two top executives in less than a month

Oceana’s CEO Imraan Soomra has tendered his resignation shortly after the suspension of its CFO.

In less than a month, Oceana Group has seen the “precautionary” suspension of its CFO, Hajra Karrim, as well as the most recent resignation of its CEO, Imraan Soomra. He has been with the group since 2013, when he joined as its FD.

Soomra’s resignation comes at turbulent times for the fishing group, which is yet to publish its annual financial results for the year ended 30 September 2021.

With both Soomra’s resignation and the suspension of Karrim this month, it means that the group is without its two top executives at a time when it is under pressure to bring out its financials. As a result, the group has announced the appointment of Neville Brink as its interim CEO.

“With a career spanning more than 30 years in the fishing industry, Neville has a wealth of experience in leading businesses successfully in this industry. He has deep operational knowledge of all areas of the Oceana divisions and is supported by a capable executive team which will play a crucial role to ensure stability through this period of change,” the group said in a statement.