Heinrich Stander appointed as Choppies CFO as the company reassesses accounting policies
He took on the role following Sanooj Pullarote's resignation amid concern over months-delayed financial results.
Sanooj Pullarote’s resignation from the CFO role comes shortly after supermarket chain Choppies’ shares were suspended from the Botswana and South African stock exchanges.
They have stated that they have delayed releasing their financial results as they are reassessing their accounting practices and policies.
In a press release, Choppies said that Pullarote will continue to offer his assistance to the company until the publication of the company’s audited financial statements. His resignation was effective as of 15 December 2018.
The CFO role has, however, already been filled by Heinrich Mathiam Stander, who was previously the interim CFO at Anker International Projects. Before that he served as interim CFO Abagold, and as head of strategy, planning and PMO at British American Tobacco.
He is described as a commercially astute finance executive who brings strategy, project leadership and financial governance skills to the role.