The National Credit Regulator CEO resins.

The National Credit Regulator (NCR) says its CEO, Gabriel Davel, will resin with effect from the first of January. His contract has expired and he has decided not to renew. Davel has been with the NCR since 2006 and lead to the development of the National Credit Act. He believes he has made an important contribution in establishing a more equitable credit market which has an important role to play in improving the lives of South Africans.