People moves

24 May 2017

Management shake-up at Lewis; CFO among those leaving

The chairperson, a board member and the CFO are leaving JSE-listed Lewis Group. Lewis said in a statement that David Nurek, Lewis chairperson, had advised the board that he plans to retire after serving as a director and chairman since the group’s listing on the JSE in 2004. Les Davies, who has served as the group’s CFO and financial director since 1989, advised the board that he would be stepping down as CFO and as an executive director of the group. Davies will continue to serve as CEO of the group’s short-term insurer, Monarch Insurance.

02 December 2016

Christiaan Engelbrecht joins Ster-Kinekor as CFO

Christiaan Engelbrecht (pictured), who has worked previously for Vodacom, Deloitte UK and Deloitte, took on the role of CFO for Ster-Kinekor from 1 November. We caught up with him to find out how things are going. "If you ask how I feel about my appointment it is difficult to put into words how humbled I am to be considered for this role and how excited I am to co-create with and learn from everyone in Ster-Kinekor and Primedia.”

08 November 2016

Anthony Leeming, Sun International CFO, becomes CEO

Graeme Stephens (pictured), the CEO of South African hotels and casinos operator Sun International, will be stepping down from his role at the end of April 2017 to take up the role of CEO at SkyCity Entertainment Group. He will be replaced by Anthony Leeming, the company’s current CFO. Leeming has been with the group for 17 years, having joined as group financial manager in 1999. He held various group finance roles prior to his appointment as CFO in March 2013. He will take over the CEO role effective 1 May 2017. Stephens has been with the group for more than five years. As yet, no announcement has been made regarding the replacement CFO.

20 October 2016

Bruno Bayet new CFO for Lafarge Africa

Lafarge Africa has announced the appointment of a new CFO, Bruno Bayet (pictured), effective 1 October 2016. Prior to becoming CFO of Lafarge Africa Bayet was the Strategy Director; a position he held since April this year. Bayet, a Belgian, was Manager, Corporate Finance, with PwC from 1998 to 2005, and Senior Analyst in the Investments team of Groupe Bruxelles Lambert from 2005 to 2011. Before joining Lafarge, Bayet was an executive committee member of Enterprise Generale Malta Forrest (RDC) from 2011 to 2013, having gained over 15 years of experience in the construction and materials industry. He was appointed Director of Ashakacem Plc in later 2013, combining the role of CFO in September 2014. Bayet holds a Business Engineering degree from Universite Catholique de Louvain-la-Neuve in Belgium, and completed his Master’s in Business Administration at Georgetown University, specialising in Financial Risks Management.

12 September 2016

Jacques Lubbe appointed CFO at Katanga Mining Ltd

Toronto Stock Exchange-listed Katanga Mining Limited, which operates a major mine complex in the DRC, producing refined copper and cobalt, has appointed Jacques Lubbe (pictured) as CFO, effective 15 October 2016. Lubbe, CA (SA) and a 2014 Top 35-under-35 finalist, previously held the CFO position at Katanga between November 2013 and February 2015. Prior to this he held the CFO position at Mutanda Mining SARL, another company within the Glencore group. He rejoins the Company from Glencore, where he has been Asset Manager from March 2015 to now. Lubbe takes over from outgoing CFO Matthew Colwill, who will be leaving on 15 October to pursue other opportunities within the Glencore group. Colwill will, however, remain available to ensure a smooth transition of responsibilities.

23 August 2016

Nombali Mbambo new CFO of Adapt IT

Nombali Mbambo has been appointed as an executive director and CFO of Adapt IT, effective 18 August 2016. Mbambo, a CA, completed her articles at Ernst & Young prior to joining Alexander Forbes as an accounting specialist. Thereafter, she joined the debt capital market team at ABSA Capital, later moving to the loan capital market team. Here she was responsible for originating, structuring and executing corporate loan facilities. From 2013 until she joined Adapt IT in March 2016 as CFO elect, Mbambo held the role of Finance Business Partner involved in strategic decision-making and financial management at Unilever. In her new role at Adapt IT, Mbambo’s responsibilities will include contributing to the strategic direction of Adapt IT, being accountable for the group’s finance function, involvement in mergers and acquisitions, funding and capital structuring and investor relations.

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