Mowaneng is Letlole La Rona’s new CEO

In line with Botswana Stock Exchange Listings Requirements (“BSE Listings Requirements”), the Board of Directors (“the Board”) of Letlole La Rona (“LLR” or “the Company”) takes pleasure in informing Unitholders that Kamogelo Mowaneng was appointed as Chief Executive Officer (“CEO”) of the Company with effect from 01 February 2022. Ms Mowaneng served in an acting CEO position since 26 August 2020 and is the first female appointed in this position at LLR.

She is a qualified Chartered Accountant registered with the South African Institute of Chartered Accountants, CA (SA) and a Fellow Certified Professional Accountant registered with the Botswana Institute of Chartered Accountants, FCPA (BICA). She holds a Bachelor of Business Science Degree with Finance Honours from the University of Cape Town, South Africa; after which she continued with her Post Graduate Diploma in Accounting at the same institution.

Upon completion of her studies, Ms Mowaneng proceeded to work for Deloitte Johannesburg, South Africa, as an external auditor, specialising in Financial Institutions. She then later joined the Deloitte Botswana Office as an Audit Manager before pursuing opportunities in the property sector.

She holds a Certificate in Property Development and Investment from the University of Cape Town, South Africa and is a member of the Board of Directors of NBC Developments Partnership, Mogo’lori (Pty) Ltd and Hidden Leaf (Pty) Ltd. Prior to joining LLR as Chief Financial Officer, Ms Mowaneng held the position of Finance Manager at RDC Properties Limited.

The Company will commence with the process for the recruitment of a Chief Financial Officer shortly. The market will be updated on this appointment in line with the BSE Listings Requirements. “Since her appointment in an acting capacity, Ms Mowaneng has played an integral role in supporting the Board and managing the executive team, which greatly benefited the ongoing performance of LLR to the benefit of Unitholders.”

“Gender diversity remains a priority for LLR and we are delighted to have appointed a female executive in this important role. The Board looks forward to her continued contribution based on her leadership skills, wealth of experience and knowledge of the sector.”