Reginald Demana resigned as the Chief Executive Officer (CEO) of the South African National Roads Agency SOC Limited (SANRAL), with effect from the 31 August 2026.
He will be taking up a new opportunity in the financial services sector which aligns with his long-term career ambitions.
Demana joined SANRAL as CEO in January 2023 and has ever since made significant progress on strategic infrastructure projects, including the R573 Moloto Road, N2 Wild Coast Road, N2-N3 KwaZulu-Natal upgrades, N2 Corridor in Mpumalanga and N1 South Corridor.
These projects traverse both toll and non-toll road portfolios.
He also made the approval of an increased borrowing limit of R16.5 billion for SANRAL up to 31 March 2028, including a R7 billion government-guaranteed New Development Bank facility.
The SANRAL Board said it would appoint an Acting CEO, by no later than 17 July 2026.
Picture: Supplied
