Prosus Taps iFood's Fabricio Bloisi as New Chief

By Christian Moess Laursen

Prosus and South African parent Naspers named Fabricio Bloisi as group chief executive, replacing interim boss Ervin Tu, who will become president and chief investment officer.

Bloisi is currently chief executive of iFood, a food-delivery company in Latin America, which he acquired in 2013, Dutch investment group Prosus said Friday.

"Fabricio is a proven entrepreneur and innovator with deep roots in operating, building and scaling world-class technology companies within growth markets," Prosus said.

Bloisi will be taking over in July from interim chief Tu, who has had the reins on an interim basis for the past eight months.

Prosus, the top shareholder of Chinese tech giant Tencent, said its strategic goals remain unchanged.

It is still on track to meet its expectations for the year, including achieving consolidated ecommerce trading profit during the second half-year, and the continuation of its share buyback program, it said.

Write to Christian Moess Laursen at christian.moess@wsj.com

(END) Dow Jones Newswires

May 17, 2024 01:48 ET (05:48 GMT)

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