Wednesday, May 22, 2024

Letsebe Sejoe to be confirmed as BITC CEO

It appears Letsebe Sejoe has finally ticked all the boxes as it emerged on Monday that he is on the verge of being named the substantive Chief Executive Officer of the Botswana Investment and Trade Centre.

A source close to the government’s investment promotion agency tipped The Telegraph that the board of directors of BITC will on Tuesday deliver an offer letter to Sejoe.

“The appointment was recently finalised, it is just for him to accept the offer,” the source said.

Trade and Industry Minister, Dorcus Makgato-Malesu, declined to discuss the matter until Tuesday when some matters would have been finalised.

As an integrated investment promotion authority (IPA), BITC serves as a focal point for investment promotion, export development and nation branding.

As such, it is expected that Letsebe will gear his new role towards improving the functioning, efficiency and policy coordination of BITC which is engaged in national investment promotion and export development activities.

Sejoe is the past immediate BITC Chief Operations Officer (COO) and has been driving its core business strategy meant to facilitate achievement of exceptional results.

The strategy is also meant 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.

As a COO, amongst Sejoe’s┬ácontributions at BITC┬á included providing strategic business direction and translation of BITC strategy into specific core business goals; working closely with Ministry of Trade┬á and Industry and other partner institutions to ensure aligned and effective investment promotion strategies; developing effective lobbying to industry and government in order to promote the interests of investors.

He is said to have also been engaging with key decision makers and business leaders to ensure improvement in the growth of domestic and international investment that contributes meaningfully to economic activity in Botswana, identifying impediments and ensuring that the necessary structures are put in place to facilitate the smooth execution of programmes such as centres of excellence; defining core business research needs to enable innovation and competitiveness.

Sejoe is expected to use his experience from the Botswana International Financial Services Centre (IFSC) Company where he headed the national initiative to develop an export oriented financial and international business services industry.

A Council Member on the National Economic Diversification Council (NEDC) which provides strategic direction to the national economic diversification strategy, Sejoe also serves as a Director on the Board of Botswana Fibre Networks Company (BoFiNet).


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