Clover's Elton Bosch nominated for CFO Awards 2017
Financial director Elton Bosch's work at Clover has been recognised with a nomination for a CFO Award. The annual 'Oscars for South African CFOs', to be held on 11 May, recognises CFOs of listed companies, large corporations, state-owned entities and government institutions and awards them for outstanding performance and leadership.
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- Rajesh Mahabeer (SANParks) has been nominated for the 2017 CFO Awards.
A chartered accountant and Bcom graduate of the University of the North West, Bosch joined the executive committee of Clover South Africa fin June 2012 to further business development, Africa and risk management. He had previously been a partner and regional leader in Deloitte's risk advisory division, gaining valuable experience in both public and private sectors. He has been actively involved with economic research at a national level and is a member of both the IRBA and SAICA.
Clover, Africa's largest dairy company, was founded as Natal Creamery in 1899. It was later converted into a co-operative and a supplier of raw milk and related products, but now draws 45% of its revenue from non-dairy products. In 2015, the JSE-listed company was ranked the third-best company in SA for which to work, according to Deloitte. There are plans to establish Africa's first export distribution factory in KwaZulu-Natal.
CEO Johann Vorster said on Elton joining Clover:
"We look forward to his contribution towards our strategic and operational objectives. He is known to the group and his appointment forms part of our ongoing process aimed at identifying the skills to enhance the dynamics within the company and to best capitalise on the many opportunities following our listing on the JSE."