Hangala Group has announced changes to its leadership structure, with the company’s founder and Group Executive Chairman, Dr. Leake Hangala, stepping down from his role with effect from May 1, 2023.
This move paves the way for the appointment of Pameni Ndeulikufa Hangala as the new Group Chief Executive Officer (Group CEO). Pameni, aged 31, currently the Managing Director of Hangala Foods (Pty) Ltd, has close to a decade of responsible business and managerial experience and is a holder of a B.A. degree in International Relations and Politics from the University of Witwatersrand and an M.Sc. degree in Global Supply Chain Management and Logistics from the University of Sussex, UK.
“I am profoundly honored and humbled to have been selected by the independent non-executive directors of the Group to take on the new responsibility of Group CEO. I will spare no effort to justify their confidence and, of course, will take comfort from the fact that I can still walk down the hall to my father’s office to tap into his wisdom and immense institutional memory,” Pameni said.
At the Board level, the company’s Board has appointed one of its long-serving directors, Evangelina Nangula Hamunyela, as non-executive Group Chairperson. Hamunyela is a seasoned business leader with vast experience in large private and public enterprises, including as Managing Director of Nedloans and Engen Namibia, respectively.
She is currently the Chairperson of the Namibia Ports Authority’s Board of Directors.
“On behalf of all my colleagues on the Group Board of Directors as well as Management and staff, I would like to thank Dr. Hangala for his unique visionary leadership and unrelenting efforts over the years, his wisdom in developing competent next-generation leadership to take over the operating reins of the Group, and his agreement to continue being deployed as a strategic sounding board,” said Hamunyela, speaking on Dr. Hangala’s retirement.
Dr. Hangala will remain on the Group’s Board of Directors in a non-executive capacity, helping drive strategic growth in high-potential new business areas for the Group, such as energy and agribusiness.
“I am happy to step back and hand over the daily operating responsibilities to a young, diverse, and dynamic management team ready to take the Group to the next level. This will also give me the freedom to focus on issues of the Group’s broader strategic direction with my fellow non-executive directors,” said Dr. Hangala.
Hangala Group is a diversified Namibian company and pending entry into the energy sector, the company has four operating subsidiaries, each with its own management and Board, Hangala Foods (Pty) Ltd, Hangala Properties (Pty) Ltd, Hangala Construction (Pty) Ltd, and Hangala Capital (Pty) Ltd.
