Hippo Valley Estates announces changes to the Board of Directors

By Published On: March 23rd, 2023Categories: Corporate announcement

1. NEW APPOINTMENTS TO THE BOARD OF DIRECTORS
The Board wishes to advise shareholders of the following Non-Executive Director appointments to the Board with effect from 20 March 2023.

1.1 TAFADZWA CHIGUMBU
Tafadzwa has an Accounting degree and a member of the Chartered Institute of Management Accountants (CIMA). He is an accomplished entrepreneur and business executive with vast experience in several Zimbabwean Industries. He previously worked at NSSA, Anglo American Corporation Zimbabwe and Nampak. He subsequently founded businesses in petrochemicals, logistics, FMCG, construction and industrial manufacturing. He is currently the CEO of Redan Petroleum Private Limited.

1.2 DANIEL LESEJA MAROKANE
Dan is the Interim Chief Executive Officer of Tongaat Hulett Limited further to his responsibility as the Chief Business Transformation Officer. He holds a (BSc Chemical Engineering), MSc (Petroleum Engineering) and MBA. Dan is a seasoned business executive with experience gained in the energy, infrastructure, engineering and manufacturing industries, with turnaround experience and adept at dealing with complex strategic, operational, human capital and stakeholder issues, with a demonstrated track record in business performance transformation improvement and leading organizational culture change. He is also the former Chairman of the Hippo Valley Estates Ltd Board for three years.

The Board congratulates all the Directors on their appointment to the Board.

BY ORDER OF THE BOARD

Pauline Kadembo
Company Secretary

23 March 2023

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Hippo Valley Estates Limited (HIPO.zw)

Share price: 160,778.30 ZWL cents ▲ (578.30 | 0.36% – 02/06/23)

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