Sunday, March 3, 2024

BITC board confirms Sejoe’s appointment as CEO

The government on Friday has confirmed the appointment of Letsebe Sejoe as the substantive Chief Executive Officer (CEO) of the Botswana Investment and Trade Centre.

Chairman of BITC’s Board of Directors, Victor Sennye, stated announced Sejoe’s new role as the head of Botswana’s national investment and trade promotion agency, adding that he will not only drive the country’s economic growth through attraction of FDI, domestic investment, but will also spearhead the growth of Botswana’s exports.

He will also continue to implement strategies to drive performance of BITC and to ensure its efficient operation.

His work will include the facilitation of a competitive business and investment climate to foster greater economic activity which also includes making recommendations for competitive changes to legislation and the national investment framework.

“Of great importance within his role is building and maintaining a positive and impressive image of our country through the nation brand portfolio that falls within BITC’s mandate,” Sennye stated.

Sejoe has served as the Acting Chief Executive Officer of the former Botswana International Financial Services Centre (IFSC), a company that was charged with developing an export oriented financial and international business services industry in Botswana, as part of the Government’s broader economic diversification strategy.

He joined the Botswana IFSC in 2002 and served the IFSC in various positions with the key responsibility to establish and develop an international financial services centre in Botswana.

He is said to have extensive experience in advising IFSC client companies on the technical aspects of the Botswana IFSC tax incentive framework and the frameworks’ optimal application to client regional and international business strategies.

Letsebe has led several projects to establish diverse financial services companies in Botswana across various sectors including HQ or Intermediary Holding companies, Pan-African Private Equity Funds, Re-insurance and Pan-African commodity and derivative exchange.

Before being appointed acting CEO, Sejoe’s role was of Chief Operations Officer (COO), a position that has been driving the core BITC business strategy in order to facilitate achievement of exceptional results and to ensure Botswana’s targeted economic growth through sustained investment and export development as well as to cultivate extensive business networks required to achieve the goal.

He previously served as a Business Support Services Manager at Standard Chartered Bank Botswana and as a Finance Officer in the Ministry of Finance and Development Planning.

He serves as Director on the Board of Directors of Botswana Fibre Networks Company (BoFiNet) and is Chairman of its Finance & Audit Board Committee. He also serves as an Ex- officio Director on the Board of the Botswana Investment & Trade Centre.


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