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Eastern Cape AIDC MD steps down, big shoes to fill

Eastern Cape AIDC MD steps down, big shoes to fill

Photo by Bloomberg

3rd July 2015

By: Creamer Media Reporter

  

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Development financier Eastern Cape Development Corporation (ECDC) executive Noludwe Ncokazi on Friday said the organisation had the “huge responsibility of ensuring business continuity”, following the resignation of ECDC subsidiary Automotive Industry Development Centre (AIDC) Eastern Cape MD Lance Schultz.

Schultz would step down at the end of July and, as such, Ncokazi, who was also AIDC chairperson, noted that a rigorous recruitment drive for his replacement lay ahead.

As AIDC Eastern Cape MD Schultz’s responsibilities included the revisioning and repositioning of the organisation.

“Under his leadership, the AIDC was able to secure funding for several strategic Eastern Cape projects. These projects include the Engineering Job Seekers Programme and the Buffalo City Automotive Incubator. 

“In addition, under his guidance, the AIDC Eastern Cape introduced the total production maintenance training programme and resources into South Africa’s supply chain. These have made world-class contributions to industry in six sigma training, cleaner production and wellness, among others, fulfilling the AIDC Eastern Cape’s mandate to assist industry to remain viable and globally competitive,” said Ncokazi, who was also AIDC chairperson.

Although he had a relatively short period at the AIDC helm, taking up the role of MD in 2014, Schultz played a pivotal role in sharpening its focus by ensuring that it remained relevant and responsive to industry needs and served its purpose as intended by government.

“The talent that has been unearthed through several skills programmes, the international networks that have been created and the improved company performance subsequent to AIDC interventions all attest to this,” said Ncokazi.

As an interim measure, the board would announce a ‘caretaker’ MD shortly to ensure a smooth transition.

Schultz, who had been with AIDC for the past 13 years would take up his new role as Centurion Aviation CEO from August 1.

Edited by Tracy Hancock
Creamer Media Contributing Editor

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