The Clicks Group has announced that its CEO and Executive Director Vikesh Ramsunder has resigned from the group with effect from December 31, 2021.
Ramsunder is stepping down to pursue a career opportunity as CEO of a listed company in Australia. He will continue as the group’s strategic advisor until August 31, 2022.
Under Ramsunder’s leadership, Clicks and United Pharmaceutical Distributors (UPD) consolidated their market leadership position and the group expanded its retail presence to 841 stores and 621 pharmacies, said David Nurek, president of Clicks Group.
The group is recognized as the most transformed and empowered retailer in the country. During this three-year period, the group’s share price rose 60% and the market capitalization of JSE rose from R48 billion to R75 billion, despite markets severely affected by Covid- 19.
“Vikesh has shown exceptional leadership as CEO over the past three years and has led the group through several challenges in recent times, most notably through the Covid-19 pandemic.
“Vikesh has built a strong leadership team and we are confident in their ability to maintain the current momentum of the business. We are sorry to say goodbye to Vikesh and wish him the best of luck in this international career development. “
Bertina Engelbrecht, currently Head of Group General Affairs, has been appointed CEO of Clicks as of January 1, 2022.
Engelbrecht joined the Clicks Group in 2006 and was appointed Executive Director in 2008. In 2020 her responsibilities were broadened to include strategic stakeholder engagement and she assumed the position of Group Director of Corporate Affairs.
Prior to joining Clicks Group, she was Managing Director of Shell SA Energy and Regional Director of Human Resources for Shell Oil Products Africa.
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