Delta Corporation appoints new CEO

0
620
  • Mathlongolo Valela takes over as CEO effective July 1, 2021
  • Pearson Gowero set to retire after 25 years at the company
  • Change of guard amidst expansion of soft drink operations into Manicaland

Harare – Zimbabwe’s biggest beverages producer, Delta Corporation Limited has appointed a new Chief Executive Officer (CEO) following the retirement of Pearson Gowera.

Mathlogonolo Valela will take over the helm of Delta from July 1 2021, having been the Financial Director since July 2011.

The position of Finance Director will now be held by Alex Makamure who has been Company Secretary and Treasurer with effect from April 1, 2021.

The outgoing C.E.O, Gowero, steps down after almost 25 years in service of Delta.

He joined the giant beverage manufacturer in 1997 under the marketing department of Chibuku Breweries before becoming the division’s managing director.

Gowero assumed the role of Executive director in the Delta board in 2003 with the responsibility over beverage sales business and distributions before moving to Zambia to be managing director of Zambian breweries from 2006 to 2011 when he returned to Delta to assume the CEO position.

Valela joined the group a year earlier, in 1996 and moved up the ranks until reaching the position of company treasurer in 2003.

He was appointed group finance director in July 2011 when his predecessor was appointed CEO.

The Delta board is confident that they will be able to leverage on Valela’s skills as a seasoned Chartered accountant to move the company forward.

“The Board congratulates Mr Valela on his appointment and is confident that he will leverage his wealth of knowledge, strategic insights and passion to drive business growth,” it said.

Meanwhile, Delta recently tightened its grip on the soft drink market, following the successful acquisition of Manicaland Bottling Company (MBC), signaling a successful expansion of the Coca-Cola Franchise into Manicaland, the only province that was out of Delta’s jurisdiction.

Equity Axis News.

LEAVE A REPLY

Please enter your comment!
Please enter your name here