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    LETSHEGO   BW0000000322

LETSHEGO HOLDINGS LIMITED

(LETSHEGO)
  Report
End-of-day quote Botswana Stock Exchange  -  2022-06-23
1.650 BWP    0.00%
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06/23Letshego Holdings Limited Announces Appointment of Philip Odera as Board Chairman
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Letshego : ANNOUNCEMENT RELATING TO THE APPOINTMENT OF BOARD CHAIRMAN

06/23/2022 | 04:35am EDT

LETSHEGO HOLDINGS LIMITED

Incorporated in the Republic of Botswana Co. BW00000877524 (the "Company")

___________________________________________________________________________________

ANNOUNCEMENT RELATING TO THE APPOINTMENT OF BOARD CHAIRMAN

____________________________________________________________________________________

Letshego Holdings Limited ("LHL" I "The Company" I "the Group" I "Letshego") was incorporated in 1998, is headquartered in Gaborone and has been publicly listed on the Botswana Stock Exchange (BSE) since 2002. Letshego is an inclusive finance organisation, driven by its digital- first vision to achieve a marked social impact within its 11 subsidiaries across sub-Saharan Africa.

The board of directors of the Company ("Board") announces that following the resignation of Mr Enos Banda as a director and Board Chairman of the Company on the 22nd June 2022, the Board has, at its meeting held on the same day, appointed Philip Odera as Board Chairman. Mr Odera has been a non-executive director of the Company since 2019.

Philip Odera has 30 years of financial and banking experience from across Africa. Philip's banking career includes 17 years with Stanbic in Africa, with country leadership roles including Deputy Managing Director for Tanzania, and Country Chief Executive for four of Stanbic's regional markets, namely Malawi, Uganda, South Sudan and Kenya. Philip commenced his banking career with Citibank Kenya, before relocating to Citibank Congo as the Country Corporate Officer.

Mr. Odera is currently the Managing Director of Marr Consult. Prior to this role, Philip advised organisations and entrepreneurs as Executive Partner at Titans D'Afrique - a consortium of experienced regional leaders who volunteer their skills to empower and upskill Africa's emerging leaders.

He has participated in globally recognized leadership programs from global academic institutions including Duke, Harvard and Cambridge University and London Business School.

Philip obatined a Bachelor of Economics from St. Lawrence University, USA (1980) and a Master in Business Administration (MBA) in Finance from Suffolk University in Boston (1985).

BY ORDER OF THE BOARD OF DIRECTORS OF LETSHEGO HOLDINGS LIMITED

Thursday 23 June 2022

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Disclaimer

Letshego Holdings Limited published this content on 23 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 June 2022 08:34:04 UTC.


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Financials
Sales 2021 2 469 M 202 M 202 M
Net income 2021 672 M 54,9 M 54,9 M
Net Debt 2021 6 049 M 495 M 495 M
P/E ratio 2021 4,76x
Yield 2021 12,1%
Capitalization 3 531 M 289 M 289 M
EV / Sales 2020 2,54x
EV / Sales 2021 3,66x
Nbr of Employees 1 905
Free-Float 32,2%
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Managers and Directors
Aobakwe Aupa Monyatsi Group Chief Executive Officer & Executive Director
Tinotenda Gwen Muteiwa Group Chief Financial Officer & Executive Director
Neville Perry Head-Technology and Operations
Abiodun Odubola Independent Non-Executive Director
Philip Odera Independent Non-Executive Director
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