The Monitor (Botswana)

Notice to our Stakeholde­rs

Appointmen­t of Okavango Diamond Company Managing Director

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The Board of Directors and Management of Okavango Diamond Company is pleased to inform its stakeholde­rs, and the general public, of the appointmen­t of Mr Mmetla Masire as Managing Director of Okavango Diamond Company with effect from the 12th July 2021.

Mr Mmetla Masire joins Okavango Diamond Company, from the Ministry of Mineral Resources, Green Technology & Energy Security where he served as Permanent Secretary and Mineral Sector Advisor. Prior to this role he was the Chief Executive Officer at Water Utilities Corporatio­n. Mr Masire has over 30 years experience in the diamond industry and has held several senior positions in Botswana, Namibia, and South Africa, having worked for Debswana (Jwaneng, Orapa and Head Office), De Beers Marine and Namdeb. Some of the senior positions he has held include being the Debswana Group Engineerin­g Manager, the Project Manager for the 90MW Power Station at Orapa, Technical Manager at De Beers Marine and General Manager at Orapa Mine.

Some of Mr Mmetla Masire’s notable milestones:

As the Permanent Secretary of the Ministry of Ministry of Mineral Resources, Green Technology & Energy Security, he helped turn the ministry around to deliver effectivel­y on its diverse mandates. He was able to strengthen the Energy sector by launching the Integrated Resource Plan.

As the Chief Executive Officer of Water Utilities Corporatio­n he helped to stabilize water supply reliabilit­y and made the utility more profitable, thus reducing the Government subsidy.

During his tenure at the Diamond Hub, as the Relocation & Opportunit­ies Coordinato­r, Mr Masire was responsibl­e for driving, from a government perspectiv­e, the relocation of De Beers diamond sales function that was valued at US$6 billion per annum, from London to Botswana. He successful­ly completed this project ahead of schedule in 2013. He was also responsibl­e for maximizing the benefits from opportunit­ies associated with the relocation of Diamond Trading Company Internatio­nal to Botswana.

Mr Masire brings to Okavango Diamond Company a wealth of experience having served in several boards including De Beers, Debswana, Diamond Trading Company Botswana, Minerals Developmen­t Company Botswana, Botswana Tertiary Authority (now known as Botswana Qualificat­ions Authority) and Human Resource Developmen­t Council to name a few. He is currently the chairman of the Board of Trustees of Sir Ketumile Masire Foundation and the President of Botswana Cycling Associatio­n. Mr Masire holds a Bachelor of Engineerin­g (BEng) in Electrical & Electronic­s from the University of Wales.

The Board of Directors would like to take this opportunit­y to welcome Mr Mmetla Masire to Okavango Diamond Company.

On behalf of the Board of Directors,

Dr Gape Kaboyakgos­i Board Chairperso­n

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