INTERNATIONAL WOMEN'S DAY
Bidvest shareholders welcome Mpumi Madisa as the first black female CEO-in-waiting
As Madisa rises to one of SA’s leading business roles, she is mindful of the huge legacy she must sustain
A spontaneous applause that seemed to go on for much longer at this week’s Bidvest results presentation marked an epic moment for Sebokeng-bred Mpumi Madisa. Towards the end of Bidvest’s results presentation, CEO Lindsay Ralphs announced the company’s decision to appoint Madisa as its next CEO, which would make her the only woman leading a Top40 company. Ralphs will remain CEO until the 2021 financial year. “It was an amazing moment in time ... probably the most amazing moment in my life. You never know how people will take the announcement. It was a wonderful moment to see the shareholders in the room acknowledge and support the news,” Madisa said. As she rises to one of the country’s leading business roles, Madisa is mindful that she has a huge legacy to sustain. Founded in 1988 by Brian Joffe, Bidvest has grown into one of SA’s largest trading, services and distribution firms, employing more than 130,000 people in more than 200 businesses. “[Brian] Joffe was phenomenal. I have be...
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