Sunday, May 19, 2024

Sejoe appointed BITC Boss

The Board of Directors of the Botswana Investment and Trade Centre (BITC) has appointed Letsebe Sejoe to the position of Chief Operations Officer (COO) with effect from November 1, 2012.

Sejoe is the recent acting Chief Executive Officer (CEO) of the former Botswana International Financial Services Centre (IFSC) Company where he headed Botswana’s national initiative to develop an export oriented financial and international business services industry in Botswana as part of the government’s broader economic diversification strategy.

BITC Board member and Caretaker, Wilhemina Makwinja, this week told Sunday Standard that Sejoe, as the most senior employee of BITC, will report to the Board of Directors until appointment of the BITC CEO. Makwinja added that as Chief Operations Officer, Sejoe will be responsible for BITC strategy and policy development; stakeholder engagement; building and maintaining business strategic partnerships. She also said that he will be responsible for the business processes management; managing organizational performance and ensuring diversified economic growth.

“It was our wish to have had the CEO appointed by now but unfortunately because of the rigorous recruitment process, which seeks to ensure the most suitable candidate is selected to successfully deliver the BITC mandate, we were unable to meet our target,” said Makwinja.

She also pointed out that Sejoe’s responsibilities include, but are not limited to, providing strategic business direction and translation of BITC strategy into specific core business goals; working closely with Ministry of Trade and Industry and other partner institutions to ensure aligned and effective investment promotion strategies.

She further added that Sejoe’s position is also for developing effective lobbying to industry and government in order to promote the interests of investors; 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.

“The ongoing work streams that require intense focus and immediate attention are office space, corporate branding strategy as well as appointment of CEO,” she said.

During his tenure at Botswana IFSC, Sejoe’s advised IFSC client companies on the technical aspects of the Botswana IFSC tax incentive framework and the frameworks’ optimal application to client’s regional and international business strategies.

Sejoe is a Council Member on the National Economic Diversification Council (NEDC) which provides strategic direction to the national economic diversification strategy. He also serves as a Director on the Board of Botswana Fibre Networks Company (BoFiNet) and has also served as an Ex-officio Director on the former IFSC Board of Directors.

He holds a Bachelor of Commerce (Accounting), from the University of Botswana and a Master of Arts (International Economics and Finance), from Brandeis University, USA.

Initially the BITC CEO was expected to be appointed in May 2012 and it is dragging to the end of the year. Industry sources say that amongst the list of possible candidates for CEO post are former Barclays Managing Director, Thuli Johnson, and Letsebe Sejoe himself.

Companies that have so far benefited from the establishment and recruitment of BITC include HRMC, which has done the assessment, Richlife Consultancy for recruitment of employees, which is also managed by former KBL, BBL human resources Director, Richard Molosiwa. The list also includes X-Pert Botswana.


Read this week's paper