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Sasol Appoints New Group Executive Committee Member

Source: www.gulfoilandgas.com 6/2/2020, Location: Africa

JOHANNESBURG, SOUTH AFRICA – Sasol today announced the appointment of Priscillah Mabelane as Executive Vice President: Energy Business, effective 1 September 2020. She will also serve as a member of Sasol’s Group Executive Committee (GEC).

Mabelane, a qualified Chartered Accountant, joins Sasol from BP Southern Africa (BPSA), where she was the Chief Executive Officer (CEO). Prior to being appointed CEO, Priscillah was the Retail Operations Director for the BP UK retail business. Preceding this, she was BPSA’s Chief Financial Officer (CFO) for four years.

She was formerly a CFO at Airports Company of South Africa and tax director at Ernst & Young. She has also held various roles in finance, tax and general management at Eskom Holdings Limited. Mabelane serves as a non-executive director at the Standard Bank Group Limited, and previously served as a non-executive director for Vodacom (Pty) Ltd.

Mabelane has a strong corporate track record and has successfully managed large, mid and downstream operations in both the UK and South Africa. She brings broad international leadership and a track record of leading and enabling transformation, with an emphasis on retail and operations, cost management, strategic planning and governance to Sasol.

Sasol President and Chief Executive Officer, Fleetwood Grobler commented: “We are delighted to have a leader of Priscillah’s caliber join Sasol. We wish her a long and illustrious career with us and look forward to benefiting from her extensive business and leadership experience.”

Mabelane succeeds Maurice Radebe, who retires from Sasol on 30 September 2020 after 16 years with the Group. Radebe joined Sasol Oil (now part of the Energy Business) in January 2004 when Sasol acquired Exel Petroleum, where he was Managing Director (MD). He served as MD of Sasol Oil from 2006 to 2010 and was appointed to the GEC on 1 November 2010.

In his decade-long tenure on the GEC he was initially responsible for global Corporate Affairs, Government Relations and Enterprise Development. In July 2014, he was appointed Executive Vice President: Energy Business. In addition to the Energy Business, Radebe was responsible for Corporate Affairs for a period and thereafter Sasol’s global Safety, Health and Environment portfolio.

“A seasoned business executive, Maurice has led numerous senior level government engagements in a highly regulated environment and has been instrumental in driving our growth strategy in the Energy business, with emphasis on retail fuels,” said Grobler.

“On behalf of the Sasol Limited Board and the GEC, I would like to thank Maurice for his commitment to Sasol and unfailing support in leading the Energy Business. We wish him all the best in his upcoming retirement,” Grobler concluded.

“I thank Sasol for a wonderful career and challenging opportunities presented to me. I look forward to spending time with my family and focusing on my passion to develop young leaders as I retire from Sasol. Given Priscilla’s extensive local and international experience, I am confident she will lead Sasol’s Energy Business to new heights, ensuring we continue to play a leading role in transformation of the sector and supporting Sasol’s transition to a lower-carbon economy,” said Radebe.

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