Profiles of Board Members

Botswana’s largest hotel chain group Cresta Marakanelo Limited is delighted to announce the appointment of a new chairman and a new board member to our board of directors with effect from 30 November 2017.

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Mr. Moatlhodi Lekaukau

Non-Executive Chairperson

Mr. Lekaukau is the former Chief Executive Officer of Standard Chartered Bank Botswana and has a stellar professional career spanning the last two decades. Mr. Lekaukau is the Executive Chairman of YMH Media Group, a diversi_ed media holding company with interests in Botswana and Zambia. He was the _rst Motswana Managing Director of Standard Chartered Bank Botswana Limited, a Botswana Stock Exchange listed bank with assets in excess of P10 billion. Mr. Lekaukau’s role entailed providing leadership oversight for the bank including developing and executing on its strategy.

Prior to his role at Standard Chartered, Mr. Lekaukau spent 12 years at Deloitte and Touche South Africa where
he left as partner and Head of Mergers and Acquisitions for Southern Africa. In this role he led many large
transactions in Southern Africa including the privatization of BTC and restructuring of Bokamoso Private Hospital. Mr. Lekaukau is the Chairman of Metropolitan Life Botswana Limited and a Director of African Banking Corporation Zambia Limited. He also serves as a director on a number of private company boards. Mr. Lekaukau is a member of the South African Institute of Chartered Accountants, a fellow member of the Botswana Institute of Chartered Accountants and holds a Bachelor of Commerce Degree and Postgraduate Diploma in Accounting from the University of Cape Town. We are thrilled to benefit from Mr. Lekaukau’s leadership in this new role.

Molefe, Pius Komane

Non executive Director 
Pius is the CEO of Botswana Building Society. He holds a post graduate diploma in economics from the University of Sussex in the UK. Pius previously worked for Barclays Bank of Botswana and Ministry of Finance amongst others. At the Minister of Finance, he was involved in the handling of all development projects. He was further involved in the development of policies regulating the financial services sector. He was involved in the establishment of the Botswana Stock Exchange and also served as a member in the exchange

Sainsbury, Gavin

Non executive Director
Gavin is the CEO of TA Holdings, a company listed on the Zimbabwe Stock Exchange. Before joining TA Holdings, he worked for Deloitte and Touche from 1981 to 1998. He was appointed partner at Deloitte and Touche in 1989. When he left Deloitte and Touche, he joined Colcom Holdings as a Finance Director and was appointed Managing Director in 2000. He is a qualified Chartered Accountant and obtained is qualification in 1981 in Zimbabwe.

Stevens, John Yendell

Non-Executive Director
John qualified as a Chartered Accountant in 1980. He joined Deloitte & Touche in Durban in 1974 and has been with the Company for the last 33 years, serving as a partner resident in Botswana of Deloitte & Touche for eight years, and being elected to the Board of Deloitte & Touche Southern Africa in 2004. John also headed up Deloitte & Touche insolvency and reorganisation division in Botswana and has completed 50 insolvent estates in the past years. John retired from Deloitte & Touche in 2007 and has taken up the challenge of private consultancy. Over the past 27 years John has gained extensive experience in many spheres of business in Botswana and the many clients that John has served include Barloworld Botswana, Murray & Roberts, Realestate Development Company, Botswana Insurance Company, National Development Bank, Avis Botswana, Bank of Botswana and Debswana. John is the past Chairman of the Botswana Institute of Accountants, after having served on the Council of the Institute for a number of years. In his role as a Council Member he chaired the Technical, Public Relations, Taxation and Exchange Control Committees.

Ms. Tshepidi Moremong

Non-Executive Director
Ms. Tshepidi Moremong brings to the Cresta Marakanelo Board of Directors a wealth of experience from a diverse
array of companies. She holds a BA Degree in Economics and Political Science from Swathmore College and an MBA in Finance and International Business from Columbia University Business School. Ms. Moremong started her career with Trammel Crew Company in the United States of America as an Analyst. She then spent a significant period of her career in Private Equity as an Investment Principal with Aureos Capital and then later with 8 Miles Private Equity. She is currently Head of Coverage Africa at Rand Merchant Bank. Ms. Moremong has previously worked at Goldman Sachs, London in the investment banking division, focusing on mergers and acquisitions for Europe.

Mbo, Mbako

Non-Executive Director (Director since: 2016)
Mbako holds an MBA from the University of Derby, United Kingdom. He is also an ACCA qualified Accountant with additional Professional Qualifications in Corporate Treasury (AMCT-UK). He has held financial and treasury management as well as auditing roles in various organisations including BTC, BPC, Barclays Bank and Deloitte. He is currently Chief Risk Officer at Botswana Development Corporation (BDC). He has previously worked for the African Development Bank Group covering a large investment and country program portfolio across 7 African countries on issues of financial management and fiduciary risk. Mbako has sat on a number of boards including that of Botswana National Youth Council.

Molomo, Bafana

Non-Executive Director (Director since: 2016)
Bafana serves as the Chief Investment Officer at the Botswana Development Corporation (BDC). He joined BDC in 2015 from Vantage Capital – a leading mezzanine fund manager based in Johannesburg and operating across sub-Saharan Africa.
At Vantage, Bafana was a Senior Associate originating and structuring private equity and mezzanine deals in Sub-Saharan Africa with a focus on South Africa, Botswana, Namibia and Mozambique. He was previously with VPB in Botswana and Namibia as a senior investment professional. He began his career as an analyst with Fleming Asset Management Botswana.
Bafana earned a Bachelor of Commerce (Economics and Finance) and an MBA from University of Cape Town. He also holds a Post-graduate Diploma in Business from the University of Pretoria’s Gordon Institute of Business Science.

Majuru, Osbourne

Non-Executive Director (Director since: 2016)
Osbourne Majuru is a Non-Executive director of Cresta Marakanelo Ltd. He also holds a directorship at Cresta Holdings Pty Ltd. He currently holds a position of Chief Financial and Transformation Officer at Masawara Ltd.
He has held a position of Chief Executive Officer of Cresta Holdings Pty Ltd for a number of years, among other positions he has held in his entire career. His experience cuts across industries such as mining, hospitality and petroleum among others. He is a Chartered Accountant by profession holding a CA qualification obtained in Zimbabwe.

Profiles of Senior Management

Morulane, Mokwena

Managing Director
Mr Mokwena Morulane was appointed Managing Director with effect from 09 October 2017. Mr Morulane is a fellow of the Association of Chartered Certified Accountants, and a member of the Chartered Institute of Secretaries in Southern Africa. He holds a BA (Hons) in Accounting from the University of Luton, United Kingdom. He has also completed a Management Development Programme with the University of Stellenbosch Business School, South Africa.
Mr Morulane brings to Cresta Marakanelo a wealth of experience gained from a diverse array of companies and industries. He started his career at Deloitte, and has held leadership roles in the mining and financial services sectors. Most recently he was at Botswana Oil Limited, where he held the position of General Manager – Corporate Services.

Banda, Segomotso

Group Human Resources Manager
Segomotso holds a Master of Science in Human Resource Management from the University of Manchester in the United Kingdom, and has been with Cresta for five years. Prior to joining Cresta, she was a Human Resources lecturer at the Botswana Institute of Administration and Commerce.

Mfolwe, Duncan

Group Projects Manager
Duncan has over 11 years experience as a quantity surveyor. He has a BSc (Hons) Quantity surveying from the University of the West of England, Bristol. He is presently studying for an MBA in Construction and Real Estate with the college of estate management , Reading UK. Before joining Cresta Marakanelo he was Senior QS with Mhutsiwa and Associates and also held a position of Associate Director with Turner and Townsend.