Anushka Bogdanov steps down as Risk Insights director, gives reason

Risk Insights has announced a major leadership transition following the resignation of its founder, Anushka Bogdanov, as Director of the company. Bogdanov stated that her decision, effective immediately, was to focus on her health and to dedicate time to legal matters arising from a recent Johannesburg Stock Exchange (JSE) SENS announcement.

She emphasized that the move was in the best interest of clients and the Risk Insights brand, clarifying that it should not be interpreted as an admission of liability regarding the allegations against her.

Despite her departure from the board, Bogdanov assured stakeholders of continuity, praising the company’s team for their commitment to delivering innovative Environmental, Social, and Governance (ESG) solutions.

In a significant development, Risk Insights also announced the appointment of Dr Dan Matjila, former Chief Executive Officer and Chief Investment Officer of the Public Investment Corporation (PIC) – the largest asset manager on the African continent – as a Director.

Dr Matjila, widely regarded as one of Africa’s foremost investment practitioners, brings decades of experience in capital markets, sustainable investing, and long-term value creation. His addition is expected to provide strategic guidance and reinforce the company’s vision of delivering independent, high-quality ESG data and insights across Africa and globally.

Meanwhile, Andrey Bogdanov will continue as Director and Chief Executive Officer, while Kunaal Kalyan remains Director and Head of ESG Ratings.

Risk Insights assured stakeholders that it remains under strong and capable leadership, with its mission of responsible corporate citizenship and innovation firmly intact.

The statement reads in full

Johannesburg, 15 August 2025

I wish to inform our valued stakeholders that I am stepping down as a Director of Risk Insights with immediate effect to focus on my health and to dedicate time to addressing matters arising from the recent SENS announcement made by the Johannesburg Stock Exchange (JSE) through the appropriate legal processes. This step is being taken to allow me the necessary space to address the matter fully. This is done in the interest of our clients, our brand and in no way as an admission of liability for the allegations levelled against me.

The capable and dedicated Team of Risk Insights shall continue to deliver the unparalleled and innovative solutions to Clients, whilst making the necessary contribution to Society by ensuring truly responsible corporate citizenship. I am further delighted that after an extended sabbatical we shall be joined by the foremost experienced Investment practitioner in our Country Dr Dan Matjila.

Dr Dan Matjila, former Chief Investment Officer, and Chief Executive Officer of the Public Investment Corporation (PIC – the largest Asset Manager on African Continent) is joining Risk Insights as Director. Dr Dan brings unparalleled experience in the continent and global investment leadership having built and led the continent’s largest transformational asset manager. His expertise in capital markets, sustainable investing, transformative investments and long-term value creation will provide invaluable strategic guidance to Risk Insights.

Andrey Bogdanov will continue as Director and Chief Executive Officer, and Kunaal Kalyan will continue as Director and Head of ESG Ratings.

Risk Insights will remain under strong and capable leadership.

Our commitment to delivering independent, high-quality ESG data and in sights to Africa and the world remains steadfast.

Anushka Bogdanov
Founder
Risk Insights