Bidvest Group

The Bidvest Group Limited (commonly known as Bidvest Group or simply Bidvest) is a South African services, trading, and distribution company.

Bidvest Group Limited
TypePublic company
JSE: BVT
IndustryConglomerate
FounderBrian Joffe
Headquarters
Johannesburg
,
South Africa
Area served
Africa
Key people
Bonang Francis Mohale
(Independent non-executive Chairman)
Nompumelelo (Mpumi) Thembekile Madisa
(Group CEO)
ServicesServices, Trading, Distribution [1]
Number of employees
132,870
SubsidiariesBidvest Bank
Websitewww.bidvest.com

Overview

The Group was founded in 1988 by Brian Joffe and listed on the Johannesburg Stock Exchange in 1990. The Group owns or has significant holdings in over 300 companies.[2] The Bidvest Group Limited has a corporate office in Johannesburg, South Africa, and employs approximately 132, 870 people. In May 2016, its food services division was unbundled from the Group to form the Bidcorp Group.[3]

The Bidvest Group Limited board comprises eleven members: three executive directors, one Independent non-executive chairman, one lead independent directors and six independent non-executive directors. In March 2019 Bidvest named current Executive Director Mpumi Madisa as CEO-designate.[4] Post the retirement of Lindsay Ralphs on 30 September 2020, Mpumi Madisa assumed the role of Bidvest CEO.

See also

References
  1. Reuters – http://in.reuters.com/finance/stocks/overview?symbol=BVTJ.J
  2. Bidvest corporate website – http://www.bidvest.co.za/index.php
  3. "Boost for Bidvest as Bid Corp lists on JSE". Fin24. 30 May 2017. Retrieved 20 September 2017.
  4. "Mpumi Madisa officially appointed as Bidvest's first female CEO". The South African. 8 March 2019. Retrieved 18 March 2019.
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