Business news: Naspers names Phuti Mahanyele-Dabengwa as SA CEO

Business news: Naspers names Phuti Mahanyele-Dabengwa as SA CEO

Phuti Mahanyele-Dabengwa has been appointed to the global Naspers management team, operating as chief executive officer for South Africa.

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Mahanyele-Dabengwa has been appointed to head Naspers' South African branch, reporting directly to Bob van Dijk, Group CEO.

The newly-appointed CEO will be based in Joburg, where she will lead the company's daily business in SA and represent the group's interests in-country:

“She will also be responsible for Naspers’ recently announced units, Naspers Foundry and Naspers Labs, which are designed to help stimulate the South African tech sector and tackle youth unemployment, respectively."

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Previously executive chairperson at Sigma Capital, a private majority-black owned investment group, the new CEO has earned van Dijk's praise:

“Phuthi is a seasoned leader with a strong track record of achievement throughout her career. Her significant investor and board experience across varied sectors makes Phuthi the perfect match for this important role at Naspers.”

Boasting a BA in Economics from Rutgers University, US, and an MBA from De Montfort University, Mahanyele-Dabengwa is destined for greatness at the helm of the group.

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Source: Briefly.co.za

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