Two Executive positions axed as Angostura restructures
Created : 24 August 2017
Two executive positions have been made redundant in Angostura as the company undergoes a restructuring process.
A release from the company said as a result of a commercial performance review of the Company’s operational requirements, they have undertaken a restructuring of our Executive Management Team.
"This re-structuring makes the positions of Executive Manager-Legal and Executive Manager-Human Resources & Administration redundant, effective August 17, 2017," the release said.
A new role of Executive Manager-Corporate Services has been created with responsibility for services in the areas of legal, human resources, ICT, administration, property, facilities and security.
"This restructuring re-aligns Angostura’s organisation and management at the Executive level in support of our business objectives, and will improve the Company’s efficiency and profitability. It is an important measure to ensure the competitiveness of the business and to ensure that Angostura is positioned to take advantage of opportunities to expand our business both locally and globally," the release said.