Osman Arbee will be retiring as CEO of automotive group Motus, with effect from October 31, and will be succeeded by the group’s CFO Ockert Janse van Rensburg, with effect from November 1.
Having joined Imperial Holdings in September 2004, Arbee’s career with the group has spanned 20 years. He was appointed as CEO of Motus in March 2017, prior to the company's unbundling from Imperial and its listing on the JSE in November 2018.
“The board extends its gratitude to Osman for his dedication and contributions to the group during the last 20 years, acknowledging his pivotal role in advancing and positioning Motus as an industry-leading automotive company in South Africa, with a global presence in the UK, Australia, Taiwan, China and Europe,” the company says.
Janse van Rensburg joined Imperial in January 2015 as CFO of Motus Corporation – previously a wholly-owned subsidiary of Imperial.
The company notes that, as one of three of Motus’ executive directors, Janse van Rensburg has worked closely with Arbee on strategy execution and has a deep understanding of the underlying portfolio of businesses and functions.
Janse van Rensburg has been an executive director of the board since 2017, an invitee to its various subcommittees and a member of various Motus subsidiary boards, including those based in the UK and Australia.
“The board congratulates Ockert on his appointment as CEO and looks forward to working with him to grow Motus,” the company declares.
The board has begun the process to appoint a suitable new CFO and shareholders will be advised once such an appointment has been made.