Botswana's state-owned Okavango Diamond Company (ODC) has announced that managing director Mmetla Masire will conclude his tenure on December 1, 2025, following an amicable and mutually agreed decision with the board.
Masire, who has led ODC since July 12, 2021, oversaw a significant turnaround at the company.
Under his leadership, ODC achieved its highest-ever revenue during the 2022/2023 financial year, implemented a new organisational structure, and diversified its sales channels.
The board expressed appreciation for Masire's contributions, citing his "dedication, professionalism and unwavering commitment to the company’s growth."
In a statement, they noted he leaves ODC "in a strong position" and has "expressed full confidence in the team’s ability to sustain the momentum."
To ensure a smooth transition, chief financial officer Lipalesa Makepe will serve as acting managing director.
Both Masire and the board have committed to a seamless leadership handover as ODC prepares for its next strategic phase.
Mathew Nyaungwa, Editor-In-Chief, Rough & Polished
