By Benadetta Chiwanda Mia:
Illovo Sugar Malawi plc Managing Director (MD) Lekani Katandula has been appointed as Chief Financial Officer of ABF Sugar, effective January 1 2025.
ABF Sugar, headquartered in the United Kingdom, serves as the central office for the global sugar division of Associated British Foods, the majority shareholder of Illovo Sugar Malawi.
In a statement released on Wednesday, the firm hailed Katandula for outstanding performance in his current role, highlighting his outstanding achievements and unwavering commitment to the company’s success.
“Under his stewardship, Illovo Sugar Malawi has achieved significant milestones, despite the challenges posed by external economic factors and climatic events.
“His strategic vision has guided the business through turbulent times, with a focus on creating a thriving Malawian community through the provision of affordable food and energy,” the statement reads.
Katandula was appointed Illovo Sugar Malawi plc MD in February 2020, succeeding Mark Bainbridge.
The company has since indicated that further updates regarding leadership succession would be provided in due course.
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