Fikile Mhlontlo starts new role as CFO of Delta Property Fund


CFO Fikile Mhlontlo has now joined Delta Property Fund, after helping SAA on its turnaround journey.

Delta Property Fund has announced the appointment of Fikile Mhlontlo as its new CFO, starting today (18 July).

Previously, Fikile served as the interim CFO of South African Airways (SAA) from April 2021, where he was tasked with assisting in bringing SAA out of insolvency. “I led the finance team during this tough transition, helping to drive the financial recovery and sustainability of the airline,” he said.

Read more: Why SAA’s interim CFO, Fikile Mhlontlo, is the man for the job

Fikile thanked the SAA team for their commitment and support during his time in the role, “I look forward to seeing the oldest airline, which has been through a difficult time, grow from strength to strength.”

He took a short break after his term ended on 31 May 2023, during which he had been presented with four new opportunities.

“There is no perfect explanation for why I chose Delta – it’s philosophical. It’s a gut feeling about where I felt I would be able to contribute the most. I look forward to joining the fund.”

Fikile explains that he is looking forward to working with his new team. “I am very inclusive and believe that the only way to achieve your objectives is through your teams. It’s my job to guide and empower them.”

Related articles

CFO Walter Leonhardt: Sipping on new experiences

Coca-Cola Beverages South Africa’s Walter Leonhardt will be retiring as CFO at the end of the year. During a tour of the factory, Walter recently chatted with CFO Magazine and shared what his final two years at the beverage manufacturer and distributor have been like, and what the future has in store.

The moments that made the 10th annual CFO Awards memorable

Held on the 16th of November at the exclusive Polo Room in Sandton's Inanda Club, the event lived up to its moniker as the “Oscars of Finance”, delivering a spectacular celebration of excellence, innovation, and resilience in the financial sector.