Letlole La Rona (LLR) has appointed real estate executive Ronil Sekgele Besele as its new Chief Executive Officer, effective 1 June 2026, marking a leadership transition as the company positions itself for its next phase of growth.
Besele succeeds acting CEO Rorisang Modikana, who has led the business since November 2025.
Besele brings nearly two decades of experience in the real estate and infrastructure sectors, including more than 12 years in executive leadership positions. His expertise spans strategic real estate investment, financial feasibility analysis, portfolio optimisation, public-private partnerships and corporate governance.
Before joining LLR, Besele served as Property Development Executive at the Special Economic Zones Authority (SEZA), where he was responsible for driving strategies to develop Botswana's Special Economic Zones and attracting investors to establish operations within the designated areas.
His career also includes an international stint as a Director in Deloitte's Real Estate Advisory division in Sydney, Australia, where he advised both government and private sector clients on large-scale real estate and infrastructure investments. According to the board, this international experience provides him with a global perspective that will support LLR's future ambitions.
Academically, Besele holds a Bachelor of Business Management in Real Estate and Development from the University of Queensland and a Master of Financial Management from the Australian National University. He is also a Member of the Royal Institution of Chartered Surveyors (MRICS).
In announcing the appointment, the board said it was confident that Besele's extensive experience in real estate investment, understanding of Botswana's market and regulatory environment, and strong governance credentials would benefit the company and its unitholders. The board added that his leadership would strengthen LLR's ability to execute its investment strategy while delivering sustainable long-term returns.
The company also acknowledged Modikana's contribution during her tenure as acting CEO, noting that she had provided steady leadership and played an integral role in supporting the board and executive team while helping maintain the company's performance and value creation for unitholders.