Wescoal interim group CEO Robinson Ramaite will become permanent for two years starting in April
JSE-listed Wescoal’s board has appointed interim group CEO Robinson Ramaite as the permanent CEO, for a two-year term starting on April 1.
The coal miner on March 1 said the appointment would allow for a managed transition as Wescoal moves from a pure coal mining and trading company into a diversified investment company.
It would also allow the board to complete proper succession planning processes in relation to the appointment of a future group CEO.
“Ramaite’s appointment will further ensure an experienced hand at the helm to effectively execute the new strategic direction of the company under the proposed new name of Salungano Group,” the company said in a statement.
The company previously announced Ramaite’s appointment to interim group CEO on January 25 last year, which was effective since March last year.