Tongaat Hulett: Murray Munro

Murray Munro has been Financial Director of Tongaat Hulett since October 2003.

Murray Hector Munro has been a Group Financial Director of Tongaat Hulett Limited since 2003 and also serves as its Chief Financial Officer and Chief Risk Officer. Murray joined the Tongaat-Hulett Group in 1992. He has held a number of senior financial, commercial, market and general management positions in the Group ’s textiles, starch and glucose and aluminium businesses from 1997 to 2003, he served as a Market Director and then the Finance and Business Process Development Director at Hulett Aluminium in the predictable business start-up phase of the Rolled Products expansion. Murray has been Executive Director of Tongaat Hulett Limited since October 2003. He serves as Non-Executive Director of Tongaat-Hulett Sugar Ltd. He served as Director of Hulamin. He is a member of South African Institute of Chartered Accountants and he has a B.Com.

2003 – Present        Chief Financial Officer, Tongaat Hulett
1997– 2003              Marketing Director, Hulamin

                                    CA (SA)

About Tongaat Hulett: Tongaat Hulett is an agriculture and agri-processing business, focusing on the complementary feed stocks of sugarcane and maize. Its ongoing activities in agriculture have resulted in the company having a substantial land portfolio within the primary growth corridors of KwaZulu-Natal with strong policy support for conversion at the appropriate time. A core element of Tongaat Hulett’s strategic vision is to maximise the value generated from the conversion of land in the portfolio by responding to key demand drivers and identifying its optimal end use for all stakeholders. Through its sugar and starch operations, Tongaat Hulett produces a range of refined carbohydrate products from sugarcane and maize, with a number of products being interchangeable. Global sweetener markets continue to be dynamic and the business seeks to optimise its various market positions, leveraging off its current base to maximise revenue from these products. The business’s sugar operations are well placed to benefit from evolving dynamics of renewable electricity and ethanol in South Africa, and the SADC region

Total employees at the end of March 2017 was 30 512. Tongaat Hulett reported a revenue of R17 915 million in 2017.