cfos (263)

Ensure the rationale behind an acquisition is sound, advises Telkom’s Deon Fredericks

The industry in which Telkom operates is competitive; the environment fluid and prone to frequent change, says Deon Fredericks, the company’s group chief financial officer. Because of this, it considered BCX (then known as Business Connexion) twice, the smaller company first…

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Added by CFO South Africa on September 19, 2017 at 6:00 — No Comments

Keeping up with the Kathans: Five siblings, four CAs, three CFOs

Five siblings, five exceptional professionals. This is the remarkable story of the Kathan family: one medical doctor, one Deloitte executive, and no less than three CFOs. We sat down with Veran, Christine, Justine, Mark, and Sunita to talk about the forces that shaped their lives, what motivates them, and their…

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Added by CFO South Africa on September 12, 2017 at 6:00 — No Comments

I am an authentic leader, open to ideas, says Vodacom CFO Till Streichert

It didn’t take Till Streichert long to turn Vodacom’s finance team into a successful intelligence unit that keeps raising the bar globally. It is thus little wonder the German executive was named South Africa’s 2017 CFO of the Year, also walking away with the Strategy Execution and the Finance Transformation Awards. In this…

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Added by CFO South Africa on September 5, 2017 at 6:00 — No Comments

Success comes from surrounding yourself with positive, life-affirming people, says Nyasha Dzumbunu, CFO of SBU

“Change is the only constant in these times. In that situation of volatility and uncertainty, we always try to stay adaptable to change. Being a more agile and adaptable organisation is critical in enabling us to survive and thrive,” says Nyasha Dzumbunu, CFO of Shanduka Black Umbrellas (SBU), one of the leading enterprises in…

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Added by CFO South Africa on August 29, 2017 at 18:00 — No Comments

The future of finance will require a convergence of risk and finance, says RMB CFO Markos Davias

“One of my mentors that has impacted my leadership style and journey from early in my career is Hugh Harrison, a partner I worked for at Deloitte. He is now our RMB Global Markets CFO, but even in this role he still challenges, advises and guides me. In him, I have always had someone whom I could trust to place…

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Added by CFO South Africa on August 22, 2017 at 6:00 — No Comments

I always lead the charge, says Musa Magongo, CFO of SWACAA

“The time has come for the CFO to become an important executive member who pushes for value creation other than the normal traditional financial role,” says Musa Magongo, CFO of the Swaziland Civil Aviation Authority (SWACAA). “The CFO is expected to have a better understanding of the impact of each process, whether…

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Added by CFO South Africa on August 15, 2017 at 8:00 — No Comments

Kirsten King, Comair FD, talks Benoni and Boeings

Airlines are a notoriously difficult business, with narrow profit margins and stiff competition. They are also prey to the volatility of oil prices, as well as fickle exchange rates. But for Kirsten King, a self-proclaimed Benoni girl who entered the “grey-suited” world of accountancy, this is a place not only for the day-to-day administration of finance but…

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Added by CFO South Africa on August 8, 2017 at 6:00 — No Comments

Award-winning Cipla SSA CFO Nishant Saxena on how he made a loss-making entity super successful

Nishant Saxena successfully took Cipla’s sub-Saharan Africa (SSA) entity from a struggling, low-margin organisation to one of the most profitable pharma players in South Africa. The success yielded double success at the CFO Awards in May 2017 for the Indian expat, who played a key role in shifting the strategy and improving…

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Added by CFO South Africa on August 1, 2017 at 6:00 — No Comments

Working at Transnet, I am basically doing my national service, says CFO Garry Pita

“It has been tricky to get politicians, our people and other stakeholders to understand that we can’t keep throwing capital at our problems. We need to focus on operational efficiencies,” says Transnet CFO, Garry Pita, winner of the Transformation & Empowerment Award at this year’s CFO Awards. Garry took over as Group…

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Added by CFO South Africa on July 25, 2017 at 6:00 — No Comments

Leaders are there to grow and empower staff, not to be their friend, says Rajesh Mahabeer

For his work as CFO of SANParks, Rajesh Mahabeer, now Head of Public Sector Finance and Deal Origination at Garuda Capital (Pty) Ltd, was nominated for the CFO Awards 2017. We chatted to Rajesh about his tenure at SANParks and how he turned the finance team around, setting a new strategic direction for the entity in doing so, as well as his new role in the M&A and corporate…

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Added by CFO South Africa on June 27, 2017 at 6:00 — No Comments

Jason Wright, Cape Union Mart CFO: Balancing staff and systems with growth

Jason Wright, CFO of Cape Union Mart, took an unusual route to get where he is today. Having finished matric, Jason went into gainful employment in the IT space before going on to study information systems, also gaining experience in web development and project management. It was only in his mid-twenties that the…

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Added by CFO South Africa on June 20, 2017 at 6:00 — No Comments

Lead the way you want to be lead, says Fabian Naidoo, CFO of Right to Care

“As a leader, you should create an environment that allows for growth in the team and for people to feel passionate about the work that they do,” says Fabian Naidoo, divisional CFO of non-profit organisation (NPO), Right to Care (Rtc). Fabian is currently also…

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Added by CFO South Africa on June 13, 2017 at 6:00 — No Comments

I want to be part of professionalising government, says National Treasury CFO, Silindile Kubheka

“You only have one chance for a first impression. I am always respectful but I never confuse respect with blindly following others,” says National Treasury CFO, Silindile Kubheka. We have tried to unpack the remarkable metamorphosis of the National Treasury CFO from a shy, quiet serial student to a leadership powerhouse with strong views on boardroom…

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Added by CFO South Africa on June 6, 2017 at 6:00 — No Comments

I want to excel in my role as CFO, says Mampe Gololo, CFO of Great North Transport

“I joined the company at a time when it was struggling, so I’ve had to be innovative and creative,” says Mampe Gololo, CFO of Great North Transport, a public entity focused on commuter transport in Limpopo. “The company has been loss-making for the last five…

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Added by CFO South Africa on May 30, 2017 at 6:00 — No Comments

I came to finance less by design and more by default

“I am operationally focused and have good attention to detail and follow up. If there is a problem I determine immediately what the issue is and address and follow up with management and hold them accountable,” says Melanie Chong,…

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Added by CFO South Africa on May 23, 2017 at 6:00 — No Comments

Learn from those ahead of you, says Central Bank of Swaziland’s Philile Nxumalo

Philile Nxumalo, GM: Finance, Central Bank of Swaziland, wanted to study Fine Arts, though her father persuaded her to rather pursue a BCom, like her twin brother. Good thing he did, as she’s enjoyed a successful career in finance and finds herself constantly challenged by the fast pace and rapidly changing landscape. “I like the aspects of my job where…

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Added by CFO South Africa on May 16, 2017 at 6:00 — No Comments

Meet Till Streichert (Vodacom), winner of three awards at the CFO Awards 2017

For his executive role in ensuring ongoing success at telecoms behemoth Vodacom, CFO Till Streichert received three awards at this year’s CFO Awards, held on 11 May at Summer Place, Johannesburg. Till walked away with the most coveted award – CFO of the Year – as well as the…

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Added by CFO South Africa on May 15, 2017 at 11:00 — No Comments

A good CFO maintains discipline in the organisation, says Mike Benfield of Macsteel Service Centres SA

“I want people to think logically about the business and pose questions to effect change. People must be challenged and held accountable to achieve the business’s objectives,” says Mike Benfield, Group CFO of Macsteel Service Centres South Africa.” Benfield, who has been in his post for 18 months, has enjoyed a successful and diverse career that has seen him occupy finance…

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Added by CFO South Africa on May 9, 2017 at 6:00 — No Comments

Lead by example, says AFGRI's Johan Geel

AFGRI CFO Johan Geel sees massive potential on the continent for the food industry, as long as the approach is correct. He says: “Find trustworthy people, work with the correct information, do proper research, go there and make sure of things yourself – don’t stay away. Johan has been nominated for the CFO Awards in both 2016 and 2017, an impressive double-whammy…

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Added by CFO South Africa on May 2, 2017 at 6:00 — No Comments

Effective CFOs know their business, says Standard Bank's Sean Berrington

"In the early days of the Group IT transformation it became clear that, unless the finance team transformed as well, we would become irrelevant. As a result, we needed to radically relook at how we run our staff engagement and processes," says Sean Berrington, CFO for Group IT at Standard Bank. Sean has been the finance boss of a “billion-dollar IT…

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Added by CFO South Africa on April 25, 2017 at 6:00 — No Comments

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