Paramount South Africa, the newly launched subsidiary of Paramount Group, the African-based global defence and aerospace business, is pleased to announce the appointment of Mike M Ramagoma to the position of chief executive officer (CEO).
Paramount South Africa was founded to bolster the capacity of South African end-users by providing the most advanced technologies and solutions that form part of Paramount Group’s comprehensive global capability. Paramount South Africa will serve the requirements of the SANDF, the SAPS, Home Affairs, Customs and Excise, Border Security, Intelligence Services, Peacekeeping and Anti-Poaching forces.
The appointment of Ramagoma as CEO brings decades of experience and public policy leadership to Paramount South Africa, having previously served as former head of Ministerial Services at the South African Department of Defence, and special policy advisor in three ministries within the ‘Security Cluster’ of Defence and Military Veterans, Correctional Services and Home Affairs.
Ramagoma stated: “Having achieved remarkable success and recognition as leading innovators in the global defence and aerospace market, Paramount Group is bringing this comprehensive global capability back to South Africa. It is exciting to be joining Paramount South Africa at a time when we are standing at the threshold of a new era in South Africa’s defence industry. By leveraging Paramount Group’s technologies, innovations and capability, it is our belief that Paramount South Africa can play an important role in serving the requirements of local end-users.”
Chairman of Paramount Group South Africa Dr Mathews Phosa stated: “We are privileged to have Mike joining our ranks in the capacity of CEO. Mike is a talented industry steward, committed to making a long-term contribution to South Africa’s defence industry and the strengthening of the capacity of local customers. We look forward to working together and driving exciting growth at home, here in South Africa, with his contributions.”
Paramount South Africa is a significant and sustainable black-owned industrial enterprise that will support the growth and transformation in the South African defence industry.