Previous Aurecon Group chair Teddy Daka has been appointed co-CEO of Zutari, serving with current CEO Dr Gustav Rohde. This follows Zutari’s launch last year after demerging from the global Aurecon group and a recent decision to re-enter the Middle East market.
Teddy Daka appointed co-CEO of Zutari
According to Zutari chair Dr Lulu Gwagwa, this strategic development is critical to address the shifting market conditions faced by consulting engineers and to ensure the transformation of the business in responding to these challenges.
“We are privileged to have two international business professionals now shaping Zutari’s future. Our board’s decision to follow the co-CEO route was not taken lightly. We believe that the complementary strengths of Teddy and Gustav will future-proof Zutari against emerging trends of digitisation, disruptions and risks, while building on its ability to co-create world-class infrastructure solutions,” comments Gwagwa.
Daka will focus on digital transformation, technology, strategic partnerships and future growth. Gwagwa also indicates that the company is keen to explore more entrepreneurial ventures which Daka will provide valuable leadership for. Rohde, a seasoned engineer and executive, will continue to provide operational and technical leadership. Prior to the demerger, Rohde led Aurecon’s global operations as chief operations officer.
The company’s re-entry into the Middle East (ME) market offers a more diverse geographic footprint and opportunity for growth. “The addition of the Middle East business to Zutari requires greater responsibility from management, which this appointment will support,” confirms Gwagwa.
Says Daka: “As the world faces the impact of a devastating Covid-19 pandemic, we see alliances across traditional boundaries being formed to address this crisis. I believe we can unlock the potential in many of our markets when we join forces this way. Partnerships will be key in enabling economic recovery post Covid-19.”