ADVOCATE Molise Ramaili has been appointed as the interim Chief Executive Officer of the Lesotho National Development Corporation (LNDC) effective from May 24.

The new CEO according to the corporation’s Public Relations Manager Tiisetso Moremoholo pledged to hit the ground running with his clear vision to ensure diversification of the Industry. She said he plans to acquaint himself with LNDC’s strategy, processes, governance structures and staff in process, and also explore out of the box approaches.
Ms Moremoholo showed that in his own remarks, Adv Ramaili said LNDC has a big role to play in empowering Basotho towards converting good ideas into bankable projects.

He believes that the experience he brings from the banking sector will enhance the LNDC’s development finance role of offering financing solutions to support private sector led industrial development and economics diversification.
“Teamwork makes the dream work,” he said, adding that he seeks to inspire a winning team at the LNDC.

Adv Ramaili brings a wealth of corporate experience from diverse sectors, including the financial sector.
He served as CEO of the Lesotho Post Bank and Letsego Financial Services.

He was Head of Legal Compliance and Company Secretary at the First National Bank (FNB) Lesotho following his promotion from the position of Legal and Compliance Manager.