Rose Tatedi, the chief executive of the Associated Fund Administrators (AFA), the administrators of the Botswana Public Officers Medical Aid Scheme (BPOMAS) and PULA Medical Aid, has resigned after two years as managing director.
AFA Board Chairperson, Sesae Mpuchane, confirmed Tatedi’s resignation but would not divulge the reasons for her resignation.
Prodded on whether Tatedi had quit on her own account or been pushed by the board, Mpuchane declined to comment.
Tatedi told the Sunday Standard this week that she was leaving AFA for “personal reasons”. All AFA staff had been briefed about her departure, she said. Her tenure ends officially on December 17.
“I am leaving for personal reasons after being in different managerial positions since 20003,” she said.
Tatedi’s departure marks the second time a chief executive of AFA is exiting. Former managing director, Kabelo Ebineng, also left, joined Bokamoso Private Hospital but eventually had his contract there terminated.
Ebineng exited the hospital just a week after it was placed under a court appointed management for six months. That was after the Lobatse High Court approved a petition by the creditors to put the private hospital under provisional sequestration.
AFA appointed Tatedi as managing director in August 2010. She joined AFA in May 2003 as the chief operations officer and climbed the corporate ladder, rising to the position of deputy managing director and head of operations in May 2004. When Ebineng departed, she was elevated to acting managing director in May 2010.
As deputy MD and head of operations, Tatedi is credited with driving the Change Management Process at AFA, which among other things, led to the re-branding and positioning of the AFA, BPOMAS and PULA brands in the market. Under her watch as head of operations, the operational performance of all three entities improved significantly.
Prior to joining AFA, Tatedi had held senior management positions within Botswana’s financial sector ÔÇô specifically at the Botswana Development Corporation (BDC), Botswana Export Development and Investment Authority (BEDIA) and Standard Chartered Bank Botswana.