Safika chairman, Saki Macozoma, has been appointed a non-executive director of the Mondi Group with effect from May 2022. He will join the multinational packaging and paper group’s audit and nominations committees.
According to Philip Yea, chairman of the board of Mondi, Macozoma’s appointment to the board is in line with efforts to broaden the board’s diversity and bring in new managerial perspectives.
Mondi is a global leader in packaging and paper, employing around 26,500 people at over 100 production sites across more than 30 countries, with key operations located in Europe, North America and Africa. Its business includes managing forests and producing pulp, paper and films, to developing and manufacturing industrial and consumer packaging solutions. In 2021, Mondi had revenues of R127-billion and earnings before interest, taxes, depreciation, and amortization of R24.8 billion. It’s premium listing is on the London Stock Exchange.
Announcing the appointment Philip Yea, Mondi’s chairman, expressed delight at Saki joining the board saying: “He has a strong track record as a chair and non-executive director across a number of listed and private entities and brings significant experience from a range of industries. Saki also brings extensive insight into the African business environment.”