Grindrod announces departure of CEO Xolani Mbambo at end of 2025
JSE-listed Grindrod has announced that its Group Chief Executive Officer, Xolani Mbambo, will step down on December 31, 2025.
Mbambo has been with the company for 12 years and is leaving following what the group described as " a period of strong growth, including key concessions in Mozambique and South Africa and the successful repositioning of the business as a leading logistics platform in sub-Saharan Africa".
During his tenure at Grindrod Mbambo expanded its port operations, securing new concessions in the Port of Maputo and Matola, and a 25-year deal for container handling at the Port of Richards Bay.
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Grindrod announces departure of CEO Xolani Mbambo at end of 2025
JSE-listed Grindrod has announced that its Group Chief Executive Officer, Xolani Mbambo, will step down on December 31, 2025. Mbambo has been with the company for 12 years and is leaving following what the group described as " a period of strong growth, including key concessions in Mozambique and South Africa and the successful repositioning of the business as a leading logistics platform in sub-Saharan Africa". During his tenure at Grindrod Mbambo expanded its port operations, securing new concessions in the Port of Maputo and Matola, and a 25-year deal for container handling at the Port of Richards Bay.
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