BREAKING. Fox International Channels (FIC) appoints Jan Koeppen as the new Africa/Europe president.

Fox International Channels (FIC) has appointed Jan Koeppen as the new president for Africa and Europe, following the shock resignation of Jesus Perezagua who will be gone at the end of this month.

Jan Koeppen will report directly to FIC CEO Hernan Lopez.

"It is a time of great opportunity in our business and we are excited to have someone of Jan Koeppen's insight and experience join FIC's global leadership team," says Hernan Lopez in a statement.

"Jan Koeppen has created enormous value for multiple divisions of 21st Century Fox and I am looking forward to having him run our Europe and Africa business".

BREAKING. Jesus Perezagua out as president of Fox International Channels for Europe and Africa.

Jesus Perezagua is out as president of Fox International Channels (FIC) for Europe and Africa - leaving without any reason being given.

Jesus Perezagua whose been with the company since 2003 was appointed as president for Europe and Africa at FIC in July 2011 and was tasked with building "a new growth engine for television in Africa".

FIC runs channels such as National Geographic Channel, Nat Geo WILD and FOX on MultiChoice's DStv; and Nat Geo GOLD, FOX, FX and FuelTV on On Digital Media's (ODM) StarSat; with FOX Movies which is supposed to start on StarSat as well.

Jesus Perezagua will leave FIC at the end of April and FIC has not said why he is leaving, or where he is going.

"We are disappointed that Jesus Perezagua is leaving FIC," says FIC president and CEO Hernan Lopez.

"He's done an outstanding job growing FIC Europe and Africa as a valued asset for the company and we are grateful for his leadership over the past several years. However, we respect his decision, thank him for his tremendous contributions, and wish him nothing but the very best".

"We'll start an immediate search for his replacement, and hope to have an executive in place as soon as possible," says Hernan Lopez.