Omnia CFO Wayne Koonin nominated for CFO Awards 2017

Omnia Holdings CFO Wayne Koonin has once again been nominated for the CFO Awards, after being put forward in 2016 as well. 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.

A former financial and executive director at Coal of Africa and CFO at both Platmin and Ivanhoe Nickel and Platinum, the 45-year-old Koonin has an extensive legal and financial background and has served at board level in a number of sectors.

Omnia is a South African firm active in mining explosives, fertiliser and other specialised chemicals, with a R16,8 billion turnover and a staff complement of some 4 400 people. A chartered accountant who has studied at the universities of the Witwatersrand and Toronto, Koonin has earned a reputation for his innovative business process restructuring and commitment to digital transformation, for which he has been invited to engage with Microsoft's leadership in the past.

Unlike many of his peers, Koonin has had the opportunity to be involved in many corporate turnarounds, dealing a range of very complex issues in the process. He explained his success in this regard in a prior interview with CFO SA.

"I have specialised in corporate turnaround by re-engineering businesses through raising debt and equity and at the same time driving changes to systems, business processes and structures."