Truworths International Strengthens Board with New Independent Directors

  • Truworths International Limited appoints Mr. Wayne Muller and Ms. Daphne Motsepe as independent non-executive directors, effective from 1 August 2023.
  • Mr. Muller brings extensive experience in financial and risk management, customer engagement, operations, and governance to the board.
  • Ms. Motsepe's appointment adds in-depth knowledge of consumer credit, finance, strategic planning, and board committee operations to Truworths International's leadership.
Published by
Lethabo Ntsoane

Truworths International Limited has unveiled significant changes to its board of directors. The company announced the appointment of two new independent non-executive directors, Mr. Wayne Muller and Ms. Daphne Motsepe, effective from 1 August 2023, in compliance with the Listings Requirements of the Johannesburg Stock Exchange (JSE).

Mr. Wayne Muller, a seasoned professional with extensive experience across retail, service, and manufacturing industries, has been appointed as an independent non-executive director. With bachelor’s degrees in commerce and accountancy, as well as qualifications as a chartered accountant and post-qualifying management development program, Mr. Muller’s appointment brings a wealth of knowledge in financial and risk management, customer engagement, operations, and governance to Truworths International’s board.

Joining Mr. Muller is Ms. Daphne Motsepe, a highly accomplished individual with a robust background in the banking industry. Ms. Motsepe holds bachelor’s degrees in law and commerce, along with a master’s degree in business administration. Her extensive experience in various senior roles, including managing director, managing executive, and executive director, brings in-depth knowledge of consumer credit, finance, strategic planning, and board committee operations to the board.

Truworths International’s decision to strengthen its leadership team through these appointments underscores the company’s commitment to leveraging diverse expertise in shaping its financial management, customer engagement strategies, and overall governance. With an aim to further enhance its competitive edge in the ever-evolving retail landscape, Truworths International seeks to leverage the collective experience of its board members to drive growth and success.

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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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