With the appointment of Phil Roux as the company's CEO, CJ steps back into CFO role.
Cheryl-Jane (CJ) Kujenga steps back into her role as Adcorp Holdings CFO following the appointment of Phil Roux as the company’s new CEO.
2020 CFO Awards nominee CJ has been serving as interim CEO since October 2019 after the resignation of former CEO Innocent Dutiro.
In a statement, the company board expressed its gratitude to CJ for the “energy, vision, and compassion” that she dedicated to the group during the last six months. During her time as the interim CEO, CJ was instrumental in stabilising the organisation and helping it continue to deliver on its business plan.
Phil joins Adcorp from TiAuto Group, where he served as chairman. Prior to that, he was the CEO of Pioneer Foods, executive director and business executive at Tiger Brands and COO of Africa at Coca Cola Sabco.
Talib Sadik, who had been filling in as interim CFO on a contract basis to relieve some of CJ's responsibilities, will leave the company on 30 April.
According to the statement, the new executive team will be redefining an approach to the post-Covid-19 workplace landscape.
Read more: CJ Kujenga nominated for 2020 CFO Awards