Takealot Group Appointed Mamongae Mahlare as New CEO

Online retailer and e-commerce giant Takealot has appointed Mamongae Mahlare as the new CEO of the Takealot Group, replacing founder Kim Reid, who stepped down in February to take the position of chairperson of the group. Mahlare will start her tenure as the CEO from October. She joins the Takealot Group from Illovo Sugar SA where she was managing director.

Mamongae is an experienced business executive, she previously worked at SABMiller, Unilever and Coca-Cola. According to a statement by Takealot, she has experience in a number of fields, including operations, strategy, innovation, engineering, and branding.

Mamongae Mahlare – CEO of Takealot Group

“We have searched far and wide to find a leader who has the experience, skills and ambition to write the next chapter for the Takealot Group. I’m excited for this next phase and, as chairman, I am very much looking forward to partnering with Mamongae to continue to grow the business,” said the founder Kim Reid.

“The opportunity to lead a technology-centric, innovative, South African champion that has created thousands of jobs and enabled so many SMMEs over the past ten years is both exciting and humbling,” said Mahlare.

Mahlare is joining the company with other appointees, Tessa Ackermann has been appointed as the group’s chief financial officer. Other appointments include Alex Wörz, who has been appointed CEO of Mr D Food, Rayhaan Samsodien, who is the new CFO of Mr D Food, Octavius Vermooten as the new CFO of Takealot.com and Jurgen Hanekom, the new CFO for Superbalist.com.

“Seeing all the new appointments coming from within the group excites me as it points to the fact that the business creates opportunities for people to grow and progress,” said Mahlare.

The Takealot Group owns online retailers Takealot.com and Superbalist.com, as well as delivery service Mr D Food.  

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