Nomaxabiso Majokweni, who was recently appointed Non-Executive Director to GIBB Holdings Board, is expected to bring broad strategic perspective to the 900-employee-strong firm.
According to her, the sub-sector of the infrastructure space that GIBB plays in tends to be dominated by foreign-owned firms, and competition is therefore extremely tough, given its sizable resources and global reach. She indicated that GIBB’s continued participation and growth in this particular sub-sector will not be guaranteed exclusively by its proven track record. “Strategic partnerships and acquisitions as well as involvement in a localisation drive with relevant stakeholders are other key strategies to deal with this challenge,” she said. To this end, GIBB announced a 70% acquisition into leading architectural firm, SVA International, further diversifying its multi-disciplinary offering. Majokweni needs little introduction to the South African business fraternity and held various key leadership positions that included COO of Blue IQ, where she played a hands-on role in the conceptualisation, scoping, rolling out, institutionalisation and commercialisation of a series of multi-billion rand projects for the Gauteng Province. As CEO of Business Unity South Africa (BUSA) she led the South African private sector involvement in strategic infrastructure projects that are part of the National Infrastructure Plan.Majokweni also played a similar role for the South African private sector in the North South Corridor infrastructure projects in Africa, an initiative led by President Jacob Zuma.
As a member of the BRICS Business Council, she identified infrastructure projects to be led by South Africa and its African partners as well as those, to be incorporated with fellow BRICS infrastructure players. “I have known and been positively impressed with GIBB’s work over time and it was therefore quite easy for me to accept to be part of the firm’s board when the opportunity came about.” “To me, and I know to the rest of the industry, GIBB personifies the ideal professional infrastructure planning firm rooted locally but with the professional competence, market knowledge and disciplined project execution that places the firm on par with the best globally,” she said. Majokweni’s role entails ensuring good corporate governance; providing leadership in the formulation of broad policy directions of the firm and giving strategic support to the executive management in ensuring that the firm is anchored on a sound business strategy. “I also bring with me knowledge and experience in corporate governance and business strategy planning,” said Majokweni.