Telkom's Tsholofelo Molefe nominated for 2020 CFO Awards

Tsholofelo's journey to group CFO of Telkom has been rough, but well worth it.

Telkom group CFO Tsholofelo Molefe has been nominated for the 2020 CFO Awards, which will be taking place on 14 May. 

At the annual ‘Oscars for South African finance professionals’, which are now entering their seventh year, CFOs of listed companies, large corporations, state-owned entities and government institutions are recognised and rewarded for their outstanding performance and leadership.

Tsholofelo is a qualified chartered accountant. She joined Telkom in July 2016 as deputy group CFO. She then moved to the position of chief risk and compliance. In 2018 she was appointed as group chief financial officer. 

Read more: Tsholofelo Molefe replaces Deon Fredericks as Telkom CFO 

Before joining Telkom, Tsholofelo was employed as a finance director of Eskom Holdings and an executive director of the company’s main board until June 2015. She was appointed to the power utility’s group executive committee in April 2011 as a group executive for customer services division. Prior to that, she was the general manager of finance and business support in Eskom’s Transmission Division. Within six months of joining the organisation, she became the finance manager within the same division. She joined Eskom in July 2005, after a short career journey with FNB – Personal Banking Segment as CFO in the consumer segment unit. 

Read more: Tsholofelo Molefe explains how she said no to Gupta and co while at Eskom 

Before joining FNB, Tsholofelo gained extensive experience in the banking industry as an audit manager at Absa Group. She also worked for the Liberty Group as an assistant audit manager and at IBM as an auditor. She served her audit and accounting articles at PwC