A Global Defence Technology Company
Operating in the defence, security, aerospace and related technology solutions
Denel Board Appoints Mr Talib Sadik as Interim Group Chief ExecutiveYou are here: Media Centre / News & Press
17 August 2020

The Board of Denel has appointed Mr Talib Sadik as the interim Group Chief Executive.

Mr Sadik, a qualified Chartered Accountant (SA) and former non-executive director has worked with the Board in developing the turnaround plan and positions him well for a seamless transition.Mr Sadik served as Denel’s Group CEO between 2008 and 2012 and brings a wealth of experience that will be of value to Denel.

The Chairman of the Board, Ms Monhla Hlahla, says the Board is continuing its efforts to transform Denel into a sustainable defence and advance manufacturing company and wishes to assure our employees, suppliers, customers and all our stakeholders that the Board’s focus on the turnaround strategy is top priority.

The Shareholder and the Board continue to find solutions to resolve the short-term challenges of the company.

The Board welcomes Mr Sadik into the interim role and looks forward to working with him on a successful outcome for Denel.

The Audit Committee will continue to remain duly constituted as per the company’s act.

The recruitment process of the permanent Group CEO is underway and the appointment will be communicated to all stakeholders.

Ends

For further information, contact:

Pam Malinda

Cell: +27 (0) 82 686 2198
Tel: +27 (0) 12 671 2662
email: pamm@denel.co.za



Please share on:

 

 

Contact Denel

Contact us directly or feel free to send us an online enquiry.

+27 12 620 9111
marketing@dlsys.co.za
368 Selborne Ave, Lyttelton, Centurion, 0140, South Africa
PO Box 7710, Pretoria, 0001

Denel Business Divisions

Visit the Denel companies and partners.

 

Company Brochure

Download Denel's latest company brochure by clicking on the image below.