TimesLIVE reports that Tsepo Monaheng has been appointed as the new Group CEO of Denel Group, public enterprises minister Pravin Gordhan announced on Friday.

He said Monaheng would bring a wealth of experience to his new role, having recently served as CEO of state-owned forestry company Safcol since 2017. Monaheng's corporate experience also includes time as chief engineer, deputy CEO and CEO of Denel Dynamics, a division of Denel. The ministry said Monaheng's appointment would be effective as soon as he had concluded his commitments at Safcol. His educational qualifications include an MBA and a BSc in electronic engineering. The search for the CEO attracted 67 responses, of which 34 candidates met the criteria for the position. The search concluded with a shortlist of the top four candidates, from which the board recommended Monaheng.

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