Benjamin Mophatlane will succeed Peter Watt as chief executive officer of Business Connexion. Watt will be retiring from his position at the end of June.
The decision to appoint Mophatlane to the position was unanimously supported by the Business Connexion board at a meeting held last week. He will take the helm from 1 July 2007 to coincide with the beginning of the company’s new financial year, although Watt will remain with Business Connexion in an advisory capacity until the end of the year.
Commenting on the announcement, Watt says: “Although I had intended to retire after we had received clarity on the Telkom transaction, Ben and I agreed that it would be best for him to start in his new position early in our new financial year.”
Watt, who is well respected in the IT industry, has been with Business Connexion for eight years. During this time, he has seen the company through three name changes, as well as the sale of its European operations and the conclusion of a successful empowerment deal with the former Business Connexion.
His previous positions include CEO of IT solutions group, Comparex Africa, chairman and CEO of Dorbyl Automotive Technologies, deputy chairman of Altron, chairman of Powertech and executive chairman of Powertech.
Mophatlane was worked alongside Watt as deputy chief executive officer since his company merged with Comparex Africa to form Business Connexion in April 2004. He is an acknowledged achiever in the IT industry and was awarded IT personality of the year 2002 by the CSSA.
“I look forward to taking on the challenge of leading Business Connexion into the future and would like to thank both Peter and the Business Connexion board, staff and clients for their ongoing support,” he says.
Commenting on the proposed Telkom transaction, Watt says that his retirement is a separate matter.
“The business has been well aware of my intentions to retire,” he says. “Although I intended to hand over the reins only after we had clarity on the Telkom deal, the board and I made a strategic decision to coincide my departure with the end of the financial year.”
Watt says that the business will continue operating as usual under the leadership of Mophatlane. “Ben and I have worked well together over the past three years and I am confident that he will continue building on the solid foundation we have created,” he says.