/ 13 December 2006

Denel Munitions appoints new CEO

Denel Munitions, a subsidiary of Denel Holdings, has appointed ex-Airports Company South Africa boss Monwabisi Kalawe as its new chief executive, the company said on Wednesday.

Said Kalawe: ”I have always enjoyed leading and actively contributing towards business-turnaround situations and this opportunity provides exactly that.

”The Denel leadership has taken the time to brief me properly about the challenges and great opportunities that face the Denel business. I am therefore ready and willing to make my contribution in turning this business around.”

The Natal University and University of Cape Town graduate was employed with the Mvelaphanda group prior to his appointment at Denel, which took effect on December 1.

Kalawe, an engineer, spent about seven years in the aviation industry, managing all the commercial airports in South Africa, except OR Tambo International Airport, the company said.

”Coupled with an MBA from University of Cape Town, Kalawe is excited to be joining Denel, particularly at the time of implementing its turnaround strategy.

”Kalawe believes there are prospects for success because there is a market that requires the state-of-the-art products that Denel make.”

He and his wife, a medical doctor, have two children, a girl and a boy. — Sapa