Inyatsi Construction Group Holdings recently announced its succession planning strategy and plans to target bigger markets and increase turnover from the current R1.5bn to more than double in the next two to three years.
Frans Pienaar (chairman, Inyatsi Construction Group Holdings) and Tommy Strydom (group operations director, Inyatsi Construction) shaking hands to new growth.
Over the next few months, the executive committee will evolve and the next generation of leaders will step forward in order to take the organisation into the future.
Enter new markets
Tommy Strydom, who has been appointed as the group’s new operations director, says the organisation’s strategic imperative is to build stronger relations within the markets where it operates and enter new markets. “Emerging trends are changing the face of the construction industry on the African continent more than anywhere else. Therefore, we are repositioning the company with re-engineered thinking for the long-term growth trajectory expected for the continent,” he said.
John Hamilton, previously the group’s chief operating officer, will fulfil the role of group managing director.
“With these new appointments, the organisation is set to become one of Africa’s preferred construction partners," said Frans Pienaar, chairman of the group.