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New Managing Director appointed at Manroland, South Africa

Thursday, January 25, 2018

Press release from the issuing company

Manroland Sheetfed has appointed Molefe Ratlhagane as Managing Director of Manroland's South Africa operation, with effect from January 1, 2018.

Mr. Ratlhagane will oversee the company's extensive operations and business development in the country following former Managing Director, Daniel Constandse's departure to pursue new challenges in his professional career.

Holding a post-graduate honors degree in commerce from the University of Witwatersrand, Molefe Ratlhagane has been with Manroland Southern Africa for seven years.

A valued member of the management team in his role as CFO since 2011, Mr Ratlhagane has a deep understanding of the Manroland business structure, all of which have been vital in the successful restructuring, stabilization and turnaround of Manroland Southern Africa.

Mr. Rafael Penuela, CEO of Manroland Sheetfed GmbH, congratulated Molefe Ratlhagane on his promotion and expressed confidence that he will continue the company's impressive business record in the territory.

"We are totally committed to the printing market in South Africa and with Molefe's strong leadership Manroland Southern Africa will continue to serve its customers with the utmost professionalism and dedication" he said.

Mr. Penuela also thanked Mr. Constandse for his significant contribution to the growth of Manroland Sheetfed's operations in the country.



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