Tabake Kobedi to spend a year getting to know supply chain.
The Diamond Traders Company Botswana (DTC Botswana) and the De Beers Group have announced the appointment of Tabake Kobedi as managing director of DTC Botwana, effective of January 10 2012.
To date, Kobedi has worked as group finance director of Debswana, a joint venture between De Beers and the Government of Botswana, where has overseen a “diverse range of activities in finance, supply chain, risk management and insurance”.
Kobedi will succeed Brian McDonald who has held the position for the past four years, during which he orchestrated the transformation of a diamond sorting and valuing entity to DTC Botswana as it is known today.
Kobedi will spend the first nine to 12 months of his tenure “gaining a deeper and comprehensive understanding of all aspects of the mid-stream and downstream parts of the diamond value chain”. He is expected to visit Sightholders and stakeholders and will travel to the various DTC offices on a regular basis.
Paul Rowley, current DTC executive director for sorting, valuing and purchasing, will serve as acting managing director during Kobedi’s transition period and both will work together on the transition of the DTC’s London-based sales activity to Gaborone by the end of 2013.
Varda Shine, chief executive of DTC said: “We are delighted with Tabake’s appointment as the first Motswana to lead DTC Botswana. With the eyes and energy of the diamond world increasingly focused on Botswana and the upcoming move of the DTC, we are excited about the experience and skill that Tabake will bring to DTC Botswana.”