Debswana Appoints New Managing Director
Andrew Maatla Motsomi joins the diamond mining joint venture from the Bank of Botswana.
His five-year contract is effective today, June 1.
Motsomi succeeds Lynette Armstrong, who stepped into the role in August 2019, following the death of previous managing director Albert Milton, and continued through the COVID-19 pandemic.
Motsomi joins the mining venture from the Bank of Botswana, where he held several key strategic and leadership positions, most recently serving as deputy governor and representing Botswana at various forums.
He also worked on attachment at the International Monetary Fund in Washington, D.C. as a special appointee and served as chairman of the board of trustees for the Botswana Institute for Development Policy Analysis.
Motsomi holds a bachelor’s degree in economics and accounting from the University of Botswana, a post-graduate diploma in economic development and planning from the African Institute for Economic Development and Planning, and a master’s degree in economics from the Victoria University of Manchester.
“Following a rigorous selection process, we are delighted to announce Andrew Motsomi as Debswana’s new managing director,” said Bruce Cleaver, CEO of De Beers Group and chairman of the Debswana board.
“While we were fortunate to have had several very strong candidates for this important role, the Debswana board saw Mr. Motsomi as the ideal person to take the business forward. His leadership and strategic insight, honed over a long and distinguished career with the Bank of Botswana, will be fundamentally important in helping Debswana continue to deliver outstanding value, both for the people of Botswana and for De Beers Group.”
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