BITC Board of Directors Announce the Appointment of Mr. Letsebe Sejoe to the Position of Chief Executive Officer

Friday, 21 February 2014

The Board of Directors for Botswana Investment and Trade Centre is pleased to announce the appointment of Mr. Letsebe Sejoe to the position of Chief Executive Officer (CEO) for the organization. Following his appointment to the position of Chief Operations Officer in September 2012, Mr. Sejoe was appointed by the Board of Directors to act as CEO until such a time that a substantive candidate was identified through a rigorous recruitment process of which he was a candidate.

As acting CEO, Mr. Sejoe was tasked with ensuring the setting up, institutionalization and operationalization of the new BITC. This saw him ensure conclusion of the transition process, full resourcing of the BITC corporate structure, process re-engineering and development of a robust corporate strategy that would see transformation of BITC into a 3rd generation IPA and delivery of a conducive business environment for investors and exporters.

In his new role as the head of Botswana’s national investment and trade promotion agency, Mr. Sejoe will not only drive the country’s economic growth through attraction of FDI, domestic investment, but will also spearhead the growth of Botswana's exports. He will continue to implement strategies to drive performance of BITC and to ensure its efficient operation. His work includes the facilitation of a competitive business and investment climate to foster greater economic activity which also includes making recommendations for competitive changes to legislation and the national investment framework. Of great importance within his role is building and maintaining a positive and impressive image of our country through the nation brand portfolio that falls within BITC’s mandate.

Mr. Sejoe has served as the Acting Chief Executive Officer of the former Botswana International Financial Services Centre (IFSC), a company that was charged with developing an export oriented financial and international business services industry in Botswana, as part of the Government’s broader economic diversification strategy.  He joined the Botswana IFSC in 2002 and served the IFSC in various positions with the key responsibility to establish and develop an international financial services centre in Botswana. He has extensive experience in advising IFSC client companies on the technical aspects of the Botswana IFSC tax incentive framework and the frameworks’ optimal application to client regional and international business strategies. Letsebe has led several projects to establish diverse financial services companies in Botswana across various sectors including HQ or Intermediary Holding companies, Pan-African Private Equity Funds, Re-insurance and Pan-African commodity and derivative exchange.

Mr. Sejoe previously served as a Business Support Services Manager at Standard Chartered Bank Botswana and as a Finance Officer in the Ministry of Finance and Development Planning.

He serves as Director on the Board of Directors of Botswana Fibre Networks Company (BoFiNet) and is Chairman of its Finance & Audit Board Committee. He also serves as an Ex- officio Director on the Board of the Botswana Investment & Trade Centre.

Mr. Sejoe holds a Bachelor of Commerce (Accounting) from the University of Botswana and a Master of Arts (International Economics & Finance) from Brandeis University, Boston, USA.