Nominee CFO Awards 2015, Lawrence Weitzmann, CFO Business Conexxion

Lawrence Weitzmann is nominated for the CFO Awards 2015. The factsheet below together with his interview with the panel of judges will be used to determine the CFO Award winners 2015.

Lawrence Weitzman
Business Connexion Group
Chief Financial Officer



Nationality: South African
Age: 45
CFO Since: 1 september 2011

Other Current Positions:

  • Financial Director and Executive Director - Business Connexion Group Limited

Career:

  • 2011 - Present: CFO, Financial Director and Executive Director - Business Connexion

  • 2005 - 2011: Group Financial Manager - Business Connexion

  • 1999 - 2005: Group Financial Manager - Gijima

Education:

  • CA(SA)

  • UNISA - CTA

  • University of Pretoria - Bcom (Hons)

  • University of Pretoria - Senior Management Programme.

Additional Information:
Lawrence has vast experience in finance, spanning well over 16 years. He held several group financial management positions in the ICT and financial sectors. He joined Business Connexion in February 2005 as Group Financial Manager, where he was responsible for key finance aspects of the business. Lawrence is a member of the South African Institute of Chartered Accountants and the Institute of Directors.

Lawrence Weitzman - CFO Business Connexion: "Today's CFO is much more of a business partner than the gate keeper"
CFO South Africa interviewed a large number of CFOs and CEOs of leading South African companies. This time we get to talk to Lawrence Weitzman, CFO ofBusiness Connexion, Africa's leading ICT Solutions provider. Business Connexion is a JSE-listed company employing about 6500 people. Lawrence is responsible for the finance and commercial departments, staffing about 200 people. BCX will have revenue of R6bn in 2012 at a 6% operating margin.

Lawrence studied B.Com (Hons) Accounting at the University of Pretoria and then completed his CTA at UNISA. After doing his articles at a small audit firm in Pretoria he then decided that he needed a big firm on CV and joined Standard Bank. He started by doing the consolidation of the group's offshore subsidiaries and left the bank as responsible for the consolidation of the Group's results.
/article/10-questions-to-lawrence-weitzman - December 1st 2011

Business Connexion
Employees: 6788 (2013)
Listed: JSE
Sector: ICT
Industry: Software


Activities:
Business Connexion Group Limited, an investment holding company, operates as an integrator of business solutions based on information and communications technology. It offers application and prject services, such as application software development, business intelligence, geographical information systems, graphic design, industrial solutions, mobile solutions and application management services, software application development-Mendrix services, collaboration services communication and security services; computing and data centre services; cryptographic solutions, data centre solutions, including cloud computing and virtual computing services and human capital management services, such as human rescource management and payroll solutions, time and access management solutions and collections service.

Financial Results (Rm):

2011

2012

2013

2014

Total Revenue

Total Revenue

Total Revenue

Total Revenue

4314

5829

6074

6512

2011

2012

2013

2104

Net Income

Net Income

Net Income

Net Income

92

149

179

245

Additional information

Tech index 'robust' but set to shrink
THE JSE's information technology (IT) index is set to shrink further this year because of an expected delisting of one of its biggest companies and a change of focus by some. However, analysts still see gains coming from the remaining listed companies. Business Connexion may be delisted from the JSE if its R2.6bn takeover by Telkom succeeds.
http://www.bdlive.co.za/business/technology/2015/01/21/tech-index-robust-but-set-to-shrink - January 21st 2015

Business Connexion ready to play its part in 'internet of things'
TECHNOLOGY group Business Connexion (BCX) on Tuesday said it was well positioned to play an integral role in "the internet of things", across multiple markets and diverse technology domains. "The world is moving (at speed) towards a place where every 'thing' is connected and intelligent, otherwise known as 'the internet of things'. The boundaries between traditional information and communications technology (ICT) markets and other industries are rapidly disappearing," said the company.
http://www.bdlive.co.za/business/technology/2014/11/18/business-connexion-ready-to-play-its-part-in-internet-of-things - November 18th 2014

Meet up with the nominees and other top CFOs at the CFO Awards 2015

On May 14, 2015 the annual CFO Awards will be held at the beautiful Summer Place in Johannesburg. This prestigious event recognises CFOs of listed companies, large corporations, parastatals and government institutions and awards them for outstanding performance and leadership. Chaired by Vusi Thembekwayo, over 250 CFOs share knowledge, extend their network and boost business.

CFO South Africa invites you to buy a table at the CFO Awards, attend the CFO Conference, join the panel of judges and become our partner. Places are limited, so book now to avoid disappointment. For more information visitCFOAwards.co.za or email Jurrien Morsch at [email protected]