DURBAN The restructuring of Grindrod has been completed with the appointment of Andrew Waller as chief executive and Xolani Mbambo as financial director, with effect from September 1.
The group said on Friday that both executives would also perform these roles for the freight services business as Grindrod consolidates the structure.
Grindrod has concluded the spin-off of its shipping division and will focus on the remaining businesses, freight services and financial services.
Grindrod executive chairperson Mike Hankinson said the firm was seeing results from its focus on developing freight solutions for their customers using their infrastructure assets along Africas logistics corridors.
Steady and organic growth is expected in t…
Read the full article at: https://www.iol.co.za/business-report/companies/bosses-named-in-grindrod-restructuring-16861336