• CEO Andrew Russell to step down after leading successful turnaround
• Shezad Okhai appointed as Interim CEO, will not be considered for permanent role
• Bravura to commence international search for new CEO

Bravura Solutions Limited (ASX: BVS) has announced that Andrew Russell, the Group CEO and Managing Director, has decided to step down from his role after leading a successful turnaround of the company. Mr. Russell joined Bravura at a challenging time, making difficult decisions and taking fast action to restore profitability and restructure the company, while also improving engagement with customers and employees. He is proud of the significant turnaround achieved and believes it is the right time for him to step aside to allow the board to find a successor who can build on the strong foundation created. Bravura Chairman, Matthew Quinn, has commended Mr. Russell for the results he has achieved and wished him well for the next stage of his career. Shezad Okhai, a non-executive director, has been appointed as Interim CEO effective immediately. Mr. Okhai will not be considered for the permanent CEO role. Bravura will commence a comprehensive international search for its next CEO. The board has expressed its gratitude to all Bravura employees for their significant contribution in returning the company to profitability and to its valued clients for their ongoing support. Bravura is now embarking on the next exciting phase of its journey and affirms its commitment to delivering quality service and continued innovation for its clients.