LLR appoints new chairman

Letlole La Rona Limited, the property firm which is Botswana Stock Exchange listed has appointed Khuto Balosang as the Board Chairperson effective 01 November 2022. Balosang was previously appointed as Lead Independent Director by the Board in January 2022 and takes over the leadership of the Board from Oteng Keabetswe, who served as Interim Chairperson from December 2021. Keabetswe will remain on the Board as a non- executive director. Balosang holds a BSc in Business Administration with a specialisation in Information Systems and Quantitative Analysis from the University of Nebraska in Omaha, and is a business technology management professional with core competencies in Performance Management, Business Intelligence, Management Consulting, and IT Management. He has over 20 years’ experience primarily in IT Management and in delivering business solutions that improve performance. Prior to establishing his consulting business, Balosang Management Consulting ( Pty) Ltd in 2012, Balosang worked in various senior positions at Debswana Diamond Company, including as Group Systems Manager, a role with strategic leadership, coordination, and key solutions implementation responsibilities. He served at Debswana from 2006 to the end of 2011. Balosang expressed the Board’s gratitude towards the outgoing Interim Chairperson, for his tireless contribution:

“The Board thanks Keabetswe for his guidance during the transition period. I am confident that Keabetswe will continue to support the Board going forward in execution of its strategic mandate. The Board further extends its appreciation to Keabetswe for his significant contribution and strategic leadership which guided the Company to launching its Goto- Africa strategy in September 2022”.