Diamonds / Industry

Debswana Appoints New Managing Director


Debswana Diamond Co., the diamond mining company jointly owned by the government of the Republic of Botswana and De Beers Group, has named Andrew Maatla Motsomi (pictured) managing director for the next five years.

Motsomi joins Debswana from the Bank of Botswana, where he most recently served as deputy governor. In that role, he represented Botswana regionally and internationally in front of the International Monetary Fund as well as serving as chairman of the board for the Botswana Institute for Development Policy Analysis.

Motsomi will succeed Lynette Armstrong, who had been serving in the role in an acting capacity since August 2019, following the death of Albert Milton.

In a statement, De Beers CEO Bruce Cleaver paid tribute to Armstrong.

“Under [her] leadership, Debswana overcame the unprecedented difficulties caused by the COVID-19 pandemic, and thanks to her commitment and passion the company remains well on track to deliver on its ambitious business and sustainability targets,” he said.

Motsomi holds a bachelor’s degree in economics and accounting from the University of Botswana, a post-graduate diploma in economic development and planning from the African Institute for Economic Development and Planning, and a master’s degree in economics from the Victoria University of Manchester.

(Photo courtesy of De Beers)

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By: Rob Bates

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