MW Working Capital Solutions (RF) Limited has announced significant changes to its board of directors, effective immediately. The company, registered under the name 2012/049445/06 and trading under the Issuer Code MWWI, disclosed the appointment of Mr. MV Brandon as an executive director, replacing Mrs. A Levendis, who has resigned from her position.
Experience and Expertise
Mr. Brandon brings a wealth of experience to his new role, boasting 26 years of extensive involvement with various local and international banks. His expertise spans across credit, sales, and business development, with a particular focus on commercial and corporate markets. Currently serving as the Managing Director of Merchant West Working Capital Solutions Proprietary Limited, Mr. Brandon’s appointment is anticipated to bolster MW Working Capital Solutions’ strategic initiatives and operational capabilities.
Resignation of Mrs. A Levendis
The departure of Mrs. Levendis from the board follows her decision to explore other opportunities within the Merchant West group. While her resignation marks the end of her tenure with MW Working Capital Solutions, the company expresses gratitude for her contributions and wishes her success in her future endeavors.
Warm Welcome to Mr. MV Brandon
In response to the changes, the Board extends a warm welcome to Mr. Brandon and expresses eagerness towards his forthcoming contributions. His appointment aligns with the Issuer’s policy governing the nomination of directors and is expected to enhance the company’s strategic direction and operational efficiency.
Below is a summary of the changes:
| Position | Previous Incumbent | New Incumbent |
|---|---|---|
| Executive Director | Mrs. A Levendis | Mr. MV Brandon |
Conclusion
MW Working Capital Solutions looks forward to leveraging Mr. Brandon’s expertise to drive sustainable growth and deliver value to its stakeholders. The company remains committed to its mission of providing innovative financial solutions to businesses across South Africa.
