Business Chief ME+AFRICA Magazine November 2023 | Page 54

TOP 1O

FLEETWOOD

GROBLER
Sasol Market cap : US $ 8.37bn Revenue H1 2023 : US $ 8bn
With a career at Sasol spanning 40 years , Fleetwood Grobler took the reins of the energy and chemicals group in 2019 , just months before the pandemic hit . Established in 1950 , the Sandton-based conglomerate operates in 33 countries and employs 30,100 people .
Under Grobler , revenues have grown 35 % and the petrochemicals major – South Africa ’ s second-biggest emitter of greenhouse gases – has targeted a 30 % reduction in emissions by 2030 , net zero by 2050 . Among plans , Grobler has indicated replacing some coal use with natural gas , addressing operational issues , and testing the manufacture of green hydrogen .
The mechanical engineer has worked within most of Sasol ’ s operating facilities , including as EVP of its chemicals business in Germany .
54 November 2023