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Dangote Flour Mills Plc Reconstitution of the Board of Directors

Category: Investors NewsBeat

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Dangote Flour Mills Plc Reconstitution of the Board of Directors

October 12, 2012

Dangote Flour Mills Plc has notified The Exchange that the Board of Directors of the company was reconstituted at its meeting of Thursday, 4th October, 2012 with the appointment of Messrs Peter Bambatha Matlare and Nthabiseng Segoale as Vice Chairman and Group Managing Director/CEO.

The current Directors are as follows:

1. Alhaji Aliko Dangote, GCON    - Chairman

2. Mr. Peter Bambatha Matlare   - Vice Chairman

3. Mr. Nthabiseng Segoale         - Group Managing Director/CEO

4. Mr. Olakunle Alake                - Director

5. Ms Olufunke Ighodaro            - Director

6. Mr. Patrick Sithole                 - Director

7. Mr. Asue Ighodalo                 - Director

8. Mr. Thushen Govender           - Director

Mr. Segoale graduated from University of Fort Hare in 1994 with B.Sc Agric., and Masters of Science from Cornell University, NY, USA in 1997.  He started as a Technical Advisor, Product Formulation with Bokomo Feeds (subsidiary of Pioneer Foods Ltd) in 1995 and later Technical Advisor, R & D in 1997.  In June 1998 he became Regional Manager, Gauteng.  He is accountable for the overall performance of the business that produced animal feed for distribution in Gauteng.  In January 2003 he moved to Perishable Products Export Control Board as General Manager, Operations.  He is accountable for the operations of 13 offices throughout South Africa that conduct product quality inspection services on all perishable products exported.  Mr. Segoale moved to Pioneer Foods, Agric Division as Executive, Agriculture Division in January 2004.  In July 2007, he moved to Tiger Brands Limited as Director, Tiger Consumer Brands (Pty) Ltd.  Mr. Segoale was appointed Managing Director of Dell Foods Nigeria (Pty) Ltd (a subsidiary of Tiger Brands Ltd in July 2012).

Mr. Segoale has attended many seminars and training programmes among them are: Leadership Development Programme organized by Wits Business School. Breakthrough Programme for Senior Executives and Board Leadership Programme.

Mr. Matlare is a South African, graduated from University of Plymouth (UK) in 1982 with B.Sc (Hons.) Political Science and Masters in Southern African Studies at University of York (UK) in 1983.  Between 1980 and 1984 he was at Citibank South Africa. In 1996 Mr. Matlare moved to Primedia Broadcasting as Strategic Planning Director.  In January 1998 he became Chief Executive Officer and later Chief Operating Officer, Entertainment & Information.  In January 2001 he joined SABC as Group Chief Executive Officer.  Mr. Matlare joined Vodacom South Africa in April 2005 as Executive Director Commercial and later Chief of Strategy and Business Development.  He joined Tiger Brands Limited in April 2008 as Chief Executive Officer.

Mr. Govender graduated with B. Com (SA) in 1997 and qualified as a Chartered Accountant in 2000 after his admission as a South African Chartered Accountant.  In 2009 he obtained MBA in United Kingdom.  He started as a Strategic Value Planning with Stanbic Africa and later moved to Deloitte and Touche Consulting (Atlanta, USA) as a Consultant Supervisor.  He joined Rand Merchant Bank, South Africa as Financial Controller.  Mr. Govender joined Tiger Brands Limited as Group Investor, Relations & Business Development Executive.  He is responsible for Group Investor Relation and Group Business Development.  He has ability to generate new business via acquisitive means in new markets or new segments.  He is an expert in negotiation and establishment of influential relationships in cross cultural environments.

Mr. Sithole joined Tiger Brands Limited on August 1, 2012 as Group Supply Chain Executive.  He has broad FMCG experience.  Over a period time he has developed skills and competencies which has enabled him to manage complex, customer-focused supply chains.  He has been exposed to World-Class concepts and developed and implemented strategic changes to gain the maximum benefit from people and asset base.

Prior to joining Tiger Brands, Mr. Sithole was Supply Chain Vice President for Unilever South Africa.  He was appointed in this role in January 2007 following the consolidation of the Foods and Home and Personal Care Businesses.  He was directly responsible and accountable for the total supply chain from Demand and supply planning, procurement, manufacturing and logistics.

Previously he served from August 2004 to December 2006 as Supply chain Director for Unilever South Africa Foods Division with line responsibility for the end to end supply chain.

Prior to this he was the Regional Supply Chain Development Manager for Unilever supporting the Africa, Middle East and Turkey (AMET) Region.  In this position he was responsible for supporting the various countries in the region with Supply Chain Strategy Formulation which included supply chain network planning, sourcing activities, planning processes, manufacturing excellence and logistics.

Tags: Dangote Flour Mills Plc,  Alhaji Aliko,  Dangote,  GCON,  Chairman,  Mr. Peter Bambatha Matlare,  Vice Chairman,  Mr. Nthabiseng Segoale,  Group Managing Director/CEO,  Mr. Olakunle Alake,  Director,  Ms Olufunke Ighodaro,  Mr. Patrick Sithole,  Mr. Asue Ighodalo,  Mr. Thushen Govender, 

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