South African Post Office (Sapo) acting group chief executive officer Mlu Mathonsi is resigning for \u201cpersonal reasons\u201d.<\/p>\n
Sapo made the announcement on Monday morning. Mathonsi was also Sapo\u2019s chief operating officer.<\/p>\n
\u201cHe indicated his intentions to leave the SA Post Office, having joined in July 2014. I can confirm that his departure is amicable,\u201d said Sapo board chairperson Dr Simo Lushaba in a statement.<\/p>\n
Lushaba further said that Mathonsi has helped Sapo during its administration period. Sapo was put under administration in November 2014, after facing financial problems and a months-long strike that crippled services.<\/p>\n
\u201cThe administration period was very intricate based on the fact that the SA Post Office faced real near implosion,\u201d said Lushaba.<\/p>\n
\u201cMathonsi made an immense contribution towards both the immediate stabilisation of the operations and the development of the Strategic Turnaround of the SA Post Office,\u201d Lushaba added.<\/p>\n
Sapo said it is focused on finding replacements for its COO and group CEO positions.<\/p>\n
Mathonsi\u2019s resignation also comes after former Sapo CEO Christopher Hlekane\u2019s contract was terminated on September 1 2015, following allegations of mismanagement of funds.<\/p>\n
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