Cilliers Steyn new Dark Fibre Africa CFO

Dark Fibre Africa (DFA) has appointed Cilliers Steyn as its new CFO. Steyn previously held the position of CEO of Community Investment Ventures Holdings (CIVH), of which DFA is a subsidiary. Steyn takes over from Thinus Mulder, who has accepted the position of permanent CEO, following Gustav Smit stepping down. Mulder said of Steyn's appointment:

"Cilliers Steyn has a keen understanding of DFA, having been with Community Investment Ventures Holdings, our holding company, for 17 years. This, along with his extensive corporate finance experience and proven leadership skills, will make him an invaluable resource to help take DFA through the next phase of its growth."

Steyn completed his internship at Theron du Toit (now PWC) in 1991. Following this he held various financial positions, including Internal Auditor (Denel), Financial Manager (Pretoria Metal Pressings, a division of Denel) and Manager of Business Planning and later of Corporate Finance at Iscor (currently Arcelor Mittal). He has been CIVH CEO since 2011, and previously served as Financial Director the company, during which time he was responsible for raising some R2 billion ($250 million) in funding for investment in DFA and other portfolio companies in the group. Steyn also serves on the boards of various private companies.