Charles Pettit Joins DRA Global Board, Enhancing Shareholder Value

  • DRA Global Limited appoints Charles Pettit as Non-Executive Director, effective July 1, 2023.
  • Charles Pettit, CEO of Apex Partners Holdings, brings expertise in long-term investments and financial markets.
  • Pettit's appointment is expected to enhance overall value for DRA shareholders and wider stakeholder groups.
DRA Appoints Charles Petti

DRA Global Limited (ASX / JSE: DRA) announced the appointment of Charles Pettit as a Non-Executive Director. The appointment, effective from July 1, 2023, brings Pettit’s extensive experience and expertise to the company’s Board of Directors.

Charles Pettit, Founder and CEO of DRA’s largest shareholder, Apex Partners Holdings (Pty) Ltd, possesses a strong background in making long-term investments in engineering, equipment, and industrial distribution businesses. With a successful track record in financial markets and investment banking, Pettit is expected to contribute significantly to the overall value of DRA and its stakeholders.

Prior to establishing Apex Partners, Pettit held prominent leadership positions in JSE-listed industrial businesses. He served as the Founder and CEO of Torre Industries Ltd from 2012 to 2016 and Stellar Capital Partners Ltd from 2015 to 2017. Pettit’s leadership and strategic acumen played a vital role in the growth and success of these companies.

Charles Pettit is a distinguished professional who graduated from the University of Cape Town with a BCom (Hons) degree in 2004. He furthered his qualifications as a CFA charter holder while working for Close Brothers Corporate Finance in London and AfrAsia Corporate Finance in Mauritius and South Africa.

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Lethabo Ntsoane

Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo

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