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BusinessLive reports that the new CEO of state-owned oil and gas company PetroSA, Xolile Sizani, has wasted little time in restructuring the organisation in a leadership shake-up. But, only one woman made it to the group’s executive committee.
This has raised eyebrows in some quarters in the company. The appointment of Sizani, previously the CEO of Servest, was announced by the cabinet at the end of February. He officially took over the role at the beginning of April. An internal communication from Sizani informing employees of the organisation’s new structure indicated: “Following an extensive review and consultation at the executive and the immediate level below, an optimised organisational structure has now been finalised for implementation. This structure takes into account the principles of accountability, responsibility and collaboration whilst at the same time remaining lean and cost effective.” The new structure displaced three women from the previous structure, namely Sesakho Magadla, Xoliswa Mpongoshe and Xolelwa Ntlango. The only woman remaining in the executive committee is group CFO Nombulelo Tyandela. PetroSA in its response said its leadership team expanded beyond the executive committee. “Your assertion that there is only one woman left is incorrect and in fact there are more than one woman in the leadership team. This is not accurate as we have 50% women leadership represented in the current structure compared to 36% women representation in the previous structure,” a PetroSA spokesperson claimed.
- Read the full original of the report in the above regard by Kabelo Khumalo at BusinessLive
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