Leading consulting engineering firm, GIBB has announced the appointment of Black Economic Empowerment (BEE) heavyweight, Don Mkhwanazi as Chairman of the GIBB Holdings board.
According to Richard Vries, Group CEO of GIBB, Mkhwanazi’s appointment is a critical element of GIBB’s expansion strategy. “Don’s invaluable experience on the continent and business in general is well documented. We believe that Don will provide us with in-depth insight into the challenges on the continent and the local business environment to help inform our strategies going forward.”
A founding member of the Black Management Forum (BMF), Mkhwanazi brings with him, a wealth of knowledge and experience in bilateral trade, finance, investment workings and African growth.
Over the years, Mkhwanazi served as a non-executive member of various listed (Illovo Sugar, Mercedes Information Technology, UNIDATA, Anglo Alpha, amongst others) and non-listed companies. He was also a Director of the Industrial Development Corporation (IDC) and Transnet, as well as Chairman of the Central Energy Fund, Strategic Fuel Fund, SOEKOR and MOSSGAS.
Mkhwanazi will add value to the firm’s well established BEE legacy in his capacity as a member of the Presidential BBBEE Council and IDC Executive Member of the Black Business Executive Circle.
“I am most humbled and excited to join a forward; energetic, focused, talented and entrepreneurial team – a black-owned multi-disciplinary firm that has made strides and inroads into a sector, long dominated by multi-national and local firms. It is now our fervent desire, to not only consolidate our base here in South Africa, but to accelerate and deepen our African footprint, making the South African renaissance a reality,” Mkhwanazi said.
The appointment follows the firm’s recent majority acquisition into top South African architectural firm, Stauch Vorster Architects (SVA) International. The move is aimed to boost market share and offer a comprehensive package to all clients, growing the firm’s presence locally and across the continent.
GIBB has earned a solid reputation in the industry as a world-class provider of infrastructure, planning, design and delivery. The partnership between the firms will catapult both businesses to new heights from a skillset perspective coupled with the ability to diversify into Africa.