Dandemutande has announced the resignation of Nhena Nyagura from the position of CEO. The communication from the board just says Nhena is leaving to pursue other interests. The board has thus appointed Never Ncube to take over the ship.
Ncube was already serving Dandemutande as Chief Financial Officer. The board announced this development simply:
The Board of Directors of Dandemutande is pleased to announce the appointment of Never Ncube as Chief Executive Officer with effect from 01 July 2018. He will succeed Nhena Nyagura who is leaving to pursue other interests.
Prior to this appointment, Never held the position of Chief Financial Officer for five and a half years. Never has more than 23 years’ experience in corporate strategy, corporate governance and secretarial duties, financial accounting and reporting, treasury and internal audit. He has held senior positions in various companies including Delta, Innscor and Spar Zambia Limited and holds a Bachelor of Accountancy Degree from the University of Zimbabwe and a Masters of Business Administration from Midlands State University. He is a Chartered Secretary and a Fellow of the Institute of Directors Zimbabwe.
Dandemutande is a privately owned company established in July 1997 and a subsidiary of Telerix Communications (Private) Limited whose majority shareholder, is Masawara Plc and Gondwana International Networks. Its primary focus is the provision of Internet based services and solutions to the wholesale, corporate, retail and consumer market segments within Zimbabwe.
Speaking on the appointment, the Chairman of the Board Tunde Akerele said
Never is a strategic, results oriented executive. His in depth understanding of the business and the market, combined with his strong financial acumen and analytical skills will ensure that the business continues on its growth trajectory.’
The new CEO promised to keep the business on a growth trajectory. He said:
Dandemutande has gained significant momentum and I look forward to working with the leadership team to accelerate the execution of our strategy into the next phase of expansion, innovation and operational excellence.
Congratulations to Never and happy fresh start to Nhena.
5 comments
Ever since DM bought Yo!, we have been getting piss poor service. Hopefully, a new CEO could whip things into shape, but this is Africa, I shouldn’t get too optimistic.
My thoughts exactly!
Im sure they bought Yo to sink it under
Hopefully will make them a little less useless
A CFO running a tech company… Doesn’t Sound right but then again DM has been poor for a while now… Hope the change bring new focus