Hudaco Industries Limited informed that with effect from 22 June 2023, Bukelwa Bulo has been appointed as an independent non-executive director of Hudaco and a member of the Company's audit and risk management committee. Bukelwa is a Chartered Accountant (SA) and has completed a PLD at Harvard Business School, the requirements for a CFA charter and a Bachelor of Business Science with Finance Honours. She has over 16 years' experience in private equity with exposure to a wide spectrum of sectors, including industrial services and retail.

Bukelwa has expertise in investment and divestment evaluation, deal structuring, and strategic and stakeholder management. She is a cofounder of Jade Capital Partners, an investment holding company focused primarily on the property, industrial, construction and building materials sectors. Her current directorships include non-executive directorships on the boards of Capital Appreciation Limited, Netcare Limited and Sephaku Holdings Limited.