Omnia Holdings Ltd., Johannesburg, said on Aug. 21 Group Finance Director Seelan Gobalsamy has been named CEO, replacing Adriaan de Lange, who has resigned. de Lange has made himself available to Omnia on an advisory basis.
Omnia said Gobalsamy is a seasoned international business leader who has assumed senior executive roles across emerging markets for close to 20 years at institutions such as Liberty Holdings, STANLIB Ltd., and Old Mutual.
Omnia also said the Board of Directors plans to announce the appointments of additional non-executive directors, as well as a new Group Finance Director, in due course.
“We look forward to continue working with Seelan in his new role as Chief Executive Officer,” said Omnia Chairman Ralph Havenstein. “Since joining Omnia as a non-Executive Director, and subsequently as an Executive Director, he has been instrumental in stabilizing the Omnia Group’s financial position and in bringing a fresh perspective to the business as a whole.
“During his career, Seelan has demonstrated his ability to successfully manage complex businesses through significant periods of challenge and change. He has the full backing of the Board to implement the turnaround plan, which includes stabilizing Omnia’s financial position, addressing the businesses’ performance, and [leading] Omnia on its next growth phase,” said Havenstein.