New CEO for SANRAL

Reginald Demana has been appointed as SANRAL’s new CEO, with effect from 1 January 2023. Demana holds a BSc in Mining Engineering from the University of the Witwatersrand and an MSc in Mining Engineering (with distinction) from Exeter University in the United Kingdom. His more than 20 years of working experience includes investment banking, where he played a leading role in numerous major transformational transactions. Demana was CEO of JSE-listed coal mining and trading company Wescoal, recently renamed Salungano, moving on to become a divisional executive at the Industrial Development Corporation (IDC) of South Africa early in 2021. At the IDC he was responsible for a portfolio covering mining, metals, infrastructure and energy.