Imperial Holdings has acted quickly in appointing former group chief financial officer Osman Arbee as CEO after the exit of Mark Lamberti. The sprawling international transport, logistics and automotive group has annual turnover of about R120bn, making it a big hitter on the JSE. Lamberti, on taking up executive leadership of the group in March 2014, quickly stamped his authority on the increasingly multinational group. He stripped out noncore businesses and set in motion a plan that split it into two main operating divisions — Imperial Logistics and Motus, the automotive cluster — with separate boards and CEOs. Arbee is also CEO of Motus, a role in which he will continue. Motus is a distributor and retailer of vehicles and related products and services in southern Africa and overseas, including the UK and Australia. Marius Swanepoel stays at the helm of Imperial Logistics, which is involved in transportation, warehousing, distribution and international freight management — much of ...

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