Imperial Logistics said on Wednesday its CEO Marius Swanepoel will depart earlier than previously anticipated. The group said former Imperial Holdings CFO Mohammed Akoojee will take over on February 1. Swanepoel was supposed to retire in June, according to Imperial’s announcement in August 2018. “Following a handover process that was concluded earlier than previously anticipated, [Swanepoel] will now retire as CEO of Imperial Logistics with effect from February 1 2019 and [Akoojee] will succeed as CEO from that date,” Imperial Logistics said in a statement. The decision gives Akoojee, who, until now, has been the company’s CEO-designate, an early start to implement the company’s strategy, which entails the search for growth in SA, the rest of Africa, and internationally. The company is pursuing growth in pharmaceuticals and consumer packaged goods in the rest of Africa, while it has set its sights on adding freight-management capability internationally. “If we add freight management...

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