10 Aug 2021
Takealot Group appoints Mamongae Mahlare as new Group Chief Executive
Takealot Group has appointed Mamongae Mahlare as its new Group Chief Executive Officer, effective 1 October 2021. Her appointment follows the announcement that Kim Reid will transition to Chairman, Takealot Group.
Takealot Group has appointed Mamongae Mahlare as its new Group Chief Executive Officer, effective 1 October 2021. Her appointment follows the announcement that Kim Reid will transition to Chairman, Takealot Group, during the course of this year, where he will focus on the group’s longer-term growth ambitions.
Mahlare joins the Takealot Group from Illovo Sugar South Africa where she was managing director. As a seasoned business leader, Mahlare brings with her a strong balance between operational experience, strategy, innovation, engineering, and brand, having previously worked at organisations such as SABMiller, Unilever and Coca-Cola.
“The opportunity to lead a technology-centric, innovative, South African champion that has created thousands of jobs and enabled so many SMMEs over the past 10 years is both exciting and humbling. I look forward to working with the teams to take this great company to even greater heights,” said Mahlare.
“We have searched far and wide to find a leader who has the experience, skills and ambition to write the next chapter for the Takealot Group. I’m excited about this next phase and, as Chairman, I am very much looking forward to partnering with Mamongae to continue to grow the business,” said Kim Reid.
Along with Mahlare’s appointment, the Takealot Group has also appointed Tessa Ackermann as Group Chief Financial Officer. Other key executive appointments include:
• Alex Wörz is appointed CEO, Mr D Food, replacing Devin Sinclair.
• Rayhaan Samsodien is appointed CFO, Mr D Food.
• Octavius Vermooten is appointed CFO, Takealot.com.
• Jurgen Hanekom is appointed CFO, Superbalist.com.
Frederik Zietsman was previously appointed CEO, Takealot.com in April 2021.
“Seeing all the new appointments coming from within the group excites me as it points to the fact that the business creates opportunities for people to grow and progress,” said Mahlare.
“We’re delighted that Mamongae is joining the group at such a pivotal time for Takealot. The business is in great shape and ready for its next phase of growth under a strong leadership team. Takealot is an excellent South African business with much more to come,” said Bob van Dijk, Group CEO, Prosus and Naspers.
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About Naspers
Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology investors in the world. Through Prosus, the group operates and invests globally in markets with long-term growth potential, building leading consumer internet companies that empower people and enrich communities. Prosus has its primary listing on Euronext Amsterdam, and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus.
In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies. These include Takealot, Mr D Food, Superbalist, Autotrader, Property24 and PayU, in addition to Media24, South Africa’s leading print and digital media business.
Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ), a secondary listing on the A2X Exchange (NPN.AJ) in South Africa, and has a level 1 American Depository Receipt (ADR) programme which trades on an over-the-counter basis in the United States of America.
For more information, please visit www.naspers.com.
Naspers Labs
In 2019, Naspers Labs, a youth development programme designed to transform and launch South Africa’s unemployed youth into economic activity, was launched. Naspers Labs focuses on digital skills and training, enabling young people to pursue tech careers.
Response to COVID-19
Naspers contributed R1.5 billion of emergency aid to support the South African government’s response to the COVID-19 pandemic. This contribution consisted of R500 million towards the Solidarity Fund and R1 billion worth of PPE sourced and distributed to South Africa’s front-line healthcare workers. In addition, Naspers contributed R6.9 million to the Nelson Mandela Foundation's EachOne FeedOne programme to support families who COVID-19 has impacted with meals for a year.