Letlole La Rona (LLR) Limited, Botswana Stock Exchange (BSE) quoted company has announced the appointment of Paul More as the new Chief Executive Officer (CEO) of LLR.
He comes at a time when the company is continuing its quest to develop sound investments for the investor.
Another development is the expansion of the industrial property at Plot 32084. Amongst his new roles, he will therefore be responsible for building a team of professionals that will complement the Board in driving the implementation of LLR’s corporate strategy, creating value and generating growth that will boost investor confidence and consequently add value to increasing wealth of shareholders.
Previously, LLR said that it has been successful in its execution of strategy while the portfolio strategy developed in 2012 focused on maximising of existing vacant spaces at the time and restructuring the portfolio.
The company also announced that More has brought with him extensive experience, spanning over twenty years in the field of property management and development. He is a graduate of Reading University in the United Kingdom where he obtained a Bachelor of Science (Honours) degree in Land Management. He also pursued a postgraduate degree in Property Investment with the then City University Business School in the United Kingdom (now Cass Business School) where he obtained a Master’s degree in Property Investment.
“More joins LLR from Botswana Housing Corporation (BHC) where he served as a Senior Manager and part of the senior leadership team responsible for implementation of the corporation’s strategy for accommodating the nation,” reads the statement.
He is said to have been specifically responsible for driving the core business of the corporation; property development, and headed a team of professionals cutting across the whole spectrum of property development disciplines. During his tenure at BHC, he was instrumental in leading the team to deliver several housing projects for the Corporation, ranging from detached houses to multi-family residential units in different parts of the country.
Prior to joining BHC, Mr. More worked for the then Botswana Export Development and Investment Authority, now BITC where he led the property services function, and for a while also led mission critical departments such as investment promotion and corporate strategy functions.
“He joins LLR at the critical time when the board seeks to bring a number of functions that were previously outsourced in-house,” reads the statement.