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BUSINESS CONNEXION GROUP LIMITED - Business Connexion Reorganisation

Release Date: 04/03/2014 09:24
Code(s): BCX     PDF:  
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Business Connexion Reorganisation

BUSINESS CONNEXION GROUP LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1988/005282/06)
Share code: BCX
ISIN: ZAE000054631
("BCX" or “Group”)



BUSINESS CONNEXION REORGANISATION

BCX announced today that it has initiated a reorganisation process to accelerate the Group’s
positioning as a global player. This process includes a change in the Group’s executive team and
the creation of a new Group structure to support the delivery of sustainable growth with greater
agility and efficiency.

The reviewed Group executive leadership team will comprise of:

-   Chief Executive Officer (“CEO”) - Benjamin Mophatlane
-   Deputy CEO - Vanessa Olver
-   Chief Financial Officer - Lawrence Weitzman
-   Chief Sales and Marketing Officer - Isaac Mophatlane
-   Chief Operating Officer - Jane Canny
-   Chief Investment and Alliance Officer - Matthew Blewett
-   Group Human Resources Executive - Grace Dipale

A Strategic office, led by Vanessa Olver (Deputy CEO), has been established to assist in
accelerating the execution of key elements of the Group strategy.

Isaac Mophatlane (Chief Sales and Marketing Officer) will lead global sales, marketing and
customer management. All regional heads across the continent will also report to Isaac.

Over the coming months, the current business units will be organised into agile entities, clustered
into three divisions:

-   Converged Infrastructure Solutions
-   Business Solutions
-   Investments and Alliances

Executive teams for these divisions will be announced in due course and minimal changes are
expected within the operating business units.

Jane Canny (Chief Operating Officer) will be responsible for the global operations of the
Converged Infrastructure Solutions and Business Solutions divisions.

Matthew Blewett (Chief Investment and Alliance Officer) will be responsible for Mergers and
Acquisitions and the Investments and Alliances division.

Chief Financial Officer, Lawrence Weitzman, and Group Human Resources Executive, Grace
Dipale, will support the reviewed Group executive leadership team.
Commenting on the reorganisation, Benjamin Mophatlane, BCX CEO, said: “The new structure
will provide the platform to put our customers at the centre of everything we do by clustering
associated services, improving efficiencies and enabling the Group to grow key regions across
the continent.

As the largest employer of IT professionals on the African continent, the new structure will also
enable us to deliver services and solutions that address the evolving needs of our customers by
channelling talent more efficiently, improving collaboration across the organisation and leveraging
the strength of our collective assets.”

The transition into the new structure is expected to be completed in the last quarter of the
financial year and teams of senior executives have been put in place to ensure business
continuity and the delivery of current targets.

Further updates on the reorganisation process will be provided in due course.

Midrand
4 March 2014

Sponsor
One Capital

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