BCX repositions for global growth
Technology firm Business Connexion (BCX) has announced that it has initiated a reorganisation process to accelerate its positioning as a global player.
This process includes a change in the group’s executive team and the creation of a new Group structure.
Business Connexion said that a strategic office, led by Vanessa Olver (Deputy CEO), has been established to assist in accelerating the execution of key elements of the group strategy.
Isaac Mophatlane (chief sales and marketing officer) will lead global sales, marketing and
customer management. “All regional heads across the continent will also report to Isaac,” BCX said.
Over the coming months, the current business units will be organised into agile entities, clustered into three divisions:
- Converged Infrastructure Solutions;
- Business Solutions;
- Investments and Alliances.
The group said that executive teams for these divisions will be announced in due course; however, it added that minimal changes are expected within the operating business units.
Jane Canny (COO) will be responsible for the global operations of the Converged Infrastructure Solutions and Business Solutions divisions.
Matthew Blewett (chief investment and alliance officer) will be responsible for Mergers and Acquisitions and the Investments and Alliances division.
CFO, Lawrence Weitzman, and Group HR executive, Grace Dipale, will support the reviewed group executive leadership team.
Benjamin Mophatlane, BCX CEO, said: “The new structure will provide the platform to put our customers at the centre of everything we do by clustering associated services, improving efficiencies and enabling the group to grow key regions across the continent.”
“As the largest employer of IT professionals on the African continent, the new structure will also enable us to deliver services and solutions that address the evolving needs of our customers by channeling talent more efficiently, improving collaboration across the organisation and leveraging the strength of our collective assets.”
In November, the group reported a 17.3% rise in operating profit for the year ended August 2013, to R322.6 million.
Revenue increased by 5,9% to R6.17 billion, while normalised diluted headline earnings per share of 52.6 cents, was better than 50.6 cents in 2012.
“The transition into the new structure is expected to be completed in the last quarter of the financial year and teams of senior executives have been put in place to ensure business
continuity and the delivery of current targets,” BCX said.
In May last year, Business Connexion entered into a business for share agreement, and a sale of shares agreement with UK firm NorthgateArinso, and its wholly owned subsidiary, Arinso.
More on Business Connexion
Business Connexion lifts profit 17.3%
Business Connexion to offload Q Link
Business Connexion in UK acquisition deal
Loading ...