Grit Real Estate Announces Board Changes

Grit Real Estate Income Group Limited has announced modifications to its Board of Directors. Mr. Peter Todd has stepped down as Chairman, effective January 26, 2026, after completing a structured handover. Following the previously disclosed succession plan, Mr. Nigel Nunoo, an Independent Non-Executive Director since December 2023, will assume the role of Chairman. He will also chair the Investment and Risk Committees. The company continues its focus on a diversified portfolio of impact assets across Africa.

Mr. Nunoo brings an extensive background from Prudential Financial, Inc., and heads African Aspirations Limited. With experience in global markets and a focus on sustainable growth, Mr. Nunoo is committed to maintaining strong governance and achieving strategic priorities. The Board wishes Mr. Todd well in his future endeavors and ensures continuity with its remaining members.