Busa CEO resigns

Image courtesy Stock.xchnge

Business Unity SA chief executive Nomaxabiso Majokweni has resigned, the organisation said on Thursday.

“The Busa board has accepted the resignation of CEO Nomaxabiso Majokweni, who is leaving to pursue other interests, having spearheaded a restructuring of the organisation over the past three years,” the organisation said in a statement.

A process to appoint a new CEO had already begun.

Fergus Marupen, who had been assisting Busa president Jabu Mabuza, would act as chief operating officer and oversee the daily operations.

“Majokweni will continue to act as CEO until 28 February and will be available to provide support to Busa thereafter to ensure an orderly handover,” the organisation said.

– Sapa

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