LETLOLE LA RONA APPOINTS ISAACS AS CFO

Botswana Stock Exchange listed diversified real estate company, Letlole La Rona Limited (“LLR” or “the Company”) today announced the appointment of industry heavyweight, Mr Pulafela Isaacs as its new Chief Financial Officer (“CFO”) with effect from 26 April 2022.

Ms Kamogelo Mowaneng, CEO of LLR commented:

“We are delighted with Mr Isaacs’ appointment. He gained considerable experience in a highly regulated sector and brings a wealth of governance and analytical expertise, in addition to an in-depth understanding of the finance function and processes.

“Mr Isaacs’ appointment significantly bolsters the executive team and reflects the Board’s drive to provide a solid, stable base from which the Company can continue to deliver on its new strategic direction and growth trajectory.”

Mr Isaacs joins LLR from Rand Merchant Bank Botswana (“RMB”) where he served as the bank’s Head of Finance. He is a qualified Chartered Accountant registered with the Chartered Institute of Management Accountants, CIMA, and an Associate Certified Professional Accountant registered with the Botswana Institute of Chartered Accountants, BICA. He holds a Bachelor of Finance Degree from the University of Botswana and has completed a Management Development Programme with the University of Stellenbosch. He has also completed various leadership programmes including the Barclays Africa Leadership Programme and the First Rand Future-Fit Finance Programme.

Mr Isaacs has 16 years’ financial services experience, having worked as an Investment Analyst, Equities Analyst and Analyst & Portfolio Manager at African Alliance Botswana, Stockbrokers Botswana, Botswana Insurance Fund Management (BIFM) and Stanlib Investment Management Services, respectively. He also worked as Head of Business Performance & Analytics for the Corporate & Investment Banking Division of Barclays Bank Botswana and as Head of Finance for RMB Botswana.

Mr Isaacs added, “I am incredibly happy to join the LLR team and look forward to contributing to the growth of the Company”.