Johnathan Paoli
The Public Enterprises Minister Pravin Gordhan has announced on Wednesday, the new Board of Directors for state freight rail, port and pipeline company, Transnet.
Gordhan said this was in line with the drive to “ensure strategic alignment in Transnet’s pursuit of its mandate as a key lever and driver of our economic engine, development and transformation.”
The new board will include nine new appointments as well as two re-appointments who are expected to serve for a three year term, namely former board chairperson Dr Popo Molefe and National Security Advisor to the President, Dr Sydney Mufamadi.
Other appointments include Lebogang Letsoalo, a global supply chain coach and CEO of Sincpoint; Martin Debel, an Executive Director at Experion Global, Dipak Patel the Head: Climate Finance and Innovation at the South African Presidential Climate Commission (PCC); Busisa Jiya, CEO of Association for Savings and Investment SA (Asisa); Mosadiwamaretlwe Pearl Zambane, legal consultant with a strong litigation background; Boitumelo Sedupane, an Executive Committee member; Refilwe Buthelezi, the current President of the Engineering Council of South Africa (ECSA); and Elias Monage. the National Collective Bargaining Negotiator for the National Union of Metal Workers of South Africa (NUMSA).
The mining executive Andile Sangqu, former Vice President of the Minerals Council South Africa and former Executive Head for Anglo American, has been appointed as the new chair who has replaced Molefe.
“These appointments will put Transnet on a firm strategic path that provides critical expertise, experience and acumen for Transnet to optimally and strategically execute on its roadmap, business plan, improve governance and optimise performance,” Gordhan said.
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