People moves

Ayanda Mafuleka new CFO of AEMFC

Ayanda Mafuleka was recently appointed as CFO of African Exploration, Mining and Finance Corporation (AEMFC).

Ansys appoints new CFO

Elvin de Kock has been appointed CFO of Ansys, replacing Burt Lambrecht

Altron CFO leaves to join Net1

Alex Smith, Altron CFO, will be leaving his role end February 2018, to instead fill the CFO role at Net1 UEPS Technologies

Vivek Venkatkumar new BDS FD

Bytes Document Solutions (BDS) has appointed Vivek Venkatkumar CA(SA) as its new financial director.

Batandwa Mdyesha new BAIC SA CFO

Chinese vehicle manufacturer, Beijing Automotive Group South Africa (BAIC SA) has appointed Batandwa Mdyesha (pictured) as CFO, effective immediately.

Sasfin CFO Lushen Pather accepts new job at Reserve Bank

Lushen Pather has been appointed as Divisional Head: Bank Supervision at the South African Reserve Bank (SARB), starting on 1 January 2018. He was Sasfin’s chief financial officer and as acting group FD was slated to take over the reins from his long-serving predecessor Tyrone Soondarjee.

Former KPMG chairman Ahmed Jaffer joins family firm as CFO

Former KPMG chairman Ahmed Jaffer, who resigned amidst the Gupta-linked upheaval at the firm, has been appointed as group CFO of Crestar Printers and Publishers, a Centurion-based business run by his children Ikraam and Salahhuddeen.

Denel gets new CFO and CEO

The Department of Public Enterprises recently announced two executive-level appointments at state arms company Denel: Odwa Mhlwana as the new group CFO and Zwelakhe Ntshepe (pictured) as the new group CEO.

Pieter Kleingeld appointed new NWK CFO

Agricultural products and services provider NWK has appointed Pieter Kleingeld as its new CFO, effective 1 November. Kleingeld joined NWK in 2015 as group manager for asset management and risk services.

Rolfes CFO, Richard Buttle, new CEO

JSE-listed Rolfes, a chemical group, has announced that its current acting CFO Richard Buttle (pictured) will replace current but outgoing CEO, Lizette Lynch.

KPMG SA announces new exec team

Nhlamu Dlomu (pictured), KPMG South Africa’s new CEO, has announced an incoming executive team which she says will support her in “restoring public trust and rebuilding the firm”.

Izak Van der Walt new Wescoal CFO

Izak Van der Walt took over as CFO and executive director of JSE-listed mining company Wescoal on 1 September, replacing Bothwell Mazarura, who left to pursue a role as FD at Kumba Iron Ore.

Fundiswa Roji-Maplanka joins MiX Telematics board

MiX Telematics has appointed Fundiswa Roji-Maplanka CA(SA) as an independent non-executive director and a member of the audit and risk committee and of the social and ethics committee, effective 3 October 2017.

Sim Tshabalala sole Standard Bank CEO

Sim Tshabalala (pictured) has been appointed the sole CEO of Standard Bank Group, bringing to an end the dual role he shared with Ben Kruger. The appointment also makes Tshabalala the first black person to lead Africa’s largest lender independently.

BP promotes CFO Priscillah Mabelane to CEO

BP Southern Africa (BPSA) has appointed its first black female, Priscillah Mabelane, to the role of CEO. Mabelane, a CA, takes over from outgoing CEO, Daniel Odogwu, on 1 September – six years after joining the organisation as CFO in 2011.

Kuben Pillay & Larry Nestadt join Cell C board

Mobile operator Cell C has appointed two new board members: Larry Nestadt (pictured) and Kuben Pillay. Nestadt, a co-founder and former director of Investec Bank, will serve as non-executive deputy chairman, while Pillay will replace Mohammed Hariri as non-executive chairman.

Lindiwe Ndlela new 4AX CFO

4 Africa Exchange (4AX) has announced two new executive appointments to its management team, namely Lindiwe Ndlela (pictured) as chief financial officer and Anthony van Eden as chief operating officer.

Rakesh Parbhoo new CEO of WestconGroup SA

Westcon-Comstor Southern Africa has announced that it has appointed Rakesh Parbhoo as the new CEO of WestconGroup SA. Parbhoo joins the company after an almost two-decades-long tenure at Dimension Data, most recently holding the role of chief information officer for Dimension Data Middle East & Africa.

SAA appoints Vuyani Jarana new CEO

South African Airways (SAA) has appointed Vuyani Jarana, Vodacom Business CEO, as its new CEO. Jarana has been with Vodacom since 2012 and will join the airline as soon as Vodacom releases him from his duties. Jurana is the airline’s first permanent CEO since November 2015.

Senele Mbatha new AIG Africa CFO

American International Group Inc (AIG), a leading global insurance organisation, has promoted Senele Mbatha to the role of chief financial officer.

Dangote Cement CFO Brain Egan made executive director

Brian Egan (pictured), Dangote Cement Group chief financial officer, has been appointed as the executive director, finance. According to the company, his promotion follows the “significant contribution he has made to the group”.

David Meads new Cisco VP for Middle East and Africa

Cisco has appointed David Meads (pictured) as the new Vice President of its Middle East and Africa operations. Meads, in this newly created role, will oversee the execution of the company’s strategy in these two regions, ensuring the technology leader maintains its momentum at the forefront of digital transformation efforts.

New acting CEO and CFO of SABC appointed

The SABC has appointed an interim CEO and an interim CFO: Nomsa Philiso and Thabile Dlamini have been appointed acting CEO and CFO respectively. This, following the recent resignation of James Aguma (pictured), who had served in both these executive roles.

Jo-Ann Pohl new Chairperson for Africa at Hansal International

Hansal International recently launched its expansion into South Africa, Ghana and Kenya, simultaneously announcing that it has appointed Jo-Ann Pohl (pictured) as the company’s Chairperson for Africa. Jo is currently a consultant at property investment fund, Texton, a role she took up in May this year.

CIMA announces new Africa regional board

Following a call for nominations and elections for the first Africa regional board under the Association, Badibanga Promesse (pictured), regional VP Africa for CIMA, has announced that the following people have accepted their election and appointment to the new Africa regional board:

Ned Segal named new Twitter CFO

Ned Segal (pictured), who spent 17 years at Goldman Sachs Group, has been named the new chief financial officer of Twitter. The 43-year-old former banker, currently a senior vice president of finance at Intuit Inc., will take over the CFO role from Anthony Noto (who will remain chief operating officer) from September.

Claas Kuehnemann appointed SAP SA acting MD

German-based software giant SAP has appointed 25-year veteran Claas Kuehnemann (pictured) as acting managing director for Africa. This following allegations that the company's South African subsidiary paid a Gupta front R100 million in kickbacks for it to access lucrative state contracts. SAP has initiated an independent investigation into the matter, placing its SAP SA management team on administrative leave while the review is underway.

Matone Ditlhake new CEO of Optic Comm Networks

Former CFO Awards nominee Matone Ditlhake has left his role in finance at Groupe SEB to fill the CEO role at Optic Comm Networks, a company partly owned by The Wired Corp.

Robert van Niekerk new Sibanye executive VP

Sibanye Gold has announced that Robert van Niekerk (pictured) has been appointed executive vice president: SA Region. Van Niekerk's appointment follows the acquisition of Stillwater Mining Company in May 2017, and a subsequent transition of the Sibanye Group organisational structure from a divisional commodity structure to a geographical regionalised structure.

Bothwell Mazarura new Kumba CFO

Kumba Iron Ore has appointed Bothwell Mazarura (pictured) as chief financial officer and executive director, effective 1 September 2017. Mazarura takes over from Johan Prins, Kumba’s head of finance, who has been acting CFO since 11 May 2017.

Bulelwa Mdlophane new CFO for CIB Global Market

Standard Bank has appointed Bulelwa Mdlophane as its new chief financial officer for Corporate and Investment Banking (CIB) Global Market. Mdlophane says the appointment as CFO came after she had been “filling in” the role for almost 12 months.

Three new executives for Alexander Forbes, including a Group CFO

Alexander Forbes has announced three key executive appointments: Naidene Ford-Hoon as Group chief financial officer (GCFO), Christian Schaub as Group chief human resources officer (GCHRO), and Thabo Mashaba, who is assuming a new role of Group chief empowerment & transformation officer (GCETO).

Robert Katz appointed Peregrine Holdings' interim CEO

Peregrine Holdings has said that, following CEO Jonathan Hertz stepping down as of end June, it has appointed Rob Katz as interim CEO, effective 1 August 2017. Rob was a nominee both this year and in 2016, for the CFO of the Year Awards.

Umar Banda appointed Tshwane CFO

Umar Banda, nominated for the 2017 CFO of the Year Awards, has been permanently appointed to the position of City of Tshwane CFO – a role he has filled in an acting capacity since 2014.

Nhlanhla Nene new Wits Business School head

Former Finance Minister Nhlanhla Nene (pictured) began his new job today as head of the Wits Business School (WBS). Nene will serve as the business school’s interim director until a new leader can be appointed ahead of the start of the next academic year.

Mary Vilakazi new MMI deputy CEO

MMI has promoted Mary Vilakazi (pictured), nominated for the 2017 CFO of the Year Awards, to the role of deputy CEO. In her new role, Mary will be responsible for driving the effective implementation of MMI’s plans.

Tyrone Soondarjee new Cell C CFO

Despite recently saying he would be retiring, Tyrone Soondarjee, previously financial director at the Sasfin Group, has been appointed Cell C’s new chief financial officer, effective 1 July 2017. Soondarjee will take over from Robert Pasley, who will return to his original role as chief strategy officer.

Eskom appoints Johnny Dladla as acting group exec

Johnny Dladla (pictured) has been appointed acting group chief executive of Eskom, with immediate effect. This after Public Enterprises minister Lynne Brown ordered Eskom to rescind Brian Molefe’s reappointment as the power utility’s chief executive late last month.

Lushen Pather appointed acting group FD of Sasfin

Lushen Pather (pictured), CFO of Sasfin Bank Limited and Sasfin Holdings Limited, who was nominated for this year's CFO Awards, has been appointed acting group financial director, effective 1 July 2017, until such time as a permanent replacement is appointed. This as Tyrone Soondarjee, existing group FD, will be retiring from the Sasfin board and subsidiary boards, effective 30 June 2017.

Abigail Mukhuba replaces Mike Arnold as FD of ARM

Abigail Mukhuba (pictured), the current CFO of African Rainbow Minerals (ARM), has been appointed FD, with effect from 11 December 2017. Mukhuba replaces outgoing FD, Mike Arnold, who reaches ARM’s retirement age of 60 in July.

Afrox appoints Matthias Vogt as new CFO

JSE-listed African Oxygen (Afrox) has appointed Matthias Vogt (pictured) as its new CFO and executive director. Vogt, who joined Afrox as finance GM in July 2015, will replace outgoing CFO Dorian Devers, from 1 August this year.

Dondo Mogajane new Treasury DG

Communications Minister Ayanda Dlodlo announced during a cabinet meeting late last week that Dondo Mogajane (pictured) has been appointed the new director general of National Treasury. Cabinet has approved the appoinement.

Kenny Fihla new CIB CEO

Kenny Fihla (pictured) has been appointed Chief Executive of Standard Bank’s Corporate & Investment Banking (CIB) division, effective immediately. Kenny takes over from David Munro, who will be fulfilling the role of CEO at Liberty, also part of the Standard Bank Group.

David Munro new Liberty CEO

Standard Bank corporate and investment banking (CIB) CEO David Munro (pictured) has taken over as CEO of Liberty in the wake of Thabo Dloti’s unexpected departure. Standard Bank holds a 54 percent share in Liberty.

Grant Pattison, ex Massmart chief, new Edcon CEO

Former Massmart executive Grant Pattison (pictured) has been appointed Edcon CEO, his primary aim to assemble a new board with retail experience and hopefully pull the struggling retail group out of the doldrums.

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.

Felix Lombard new Pioneer Foods CFO

Following a robust recruitment process in evaluating external and internal candidates, Pioneer Food Group, the South Africa-based food and drinks group, has appointed Felix Lombard as its new CFO. Cindy Hess held the CFO role until late 2016, a tenure which saw her nominated for the 2016 CFO of the Year Awards.

Asher Bohbot, EOH CEO, steps down, Zunaid Mayet takes over

Asher Bonbot (pictured), a prior member of the CFO Awards judging panel and the founder and CEO of EOH, a large technology services group, has announced that he will be leaving the JSE-listed company at the end of June. Zunaid Mayet has been appointed group CEO to replace him.

SAA appoints new CFO, OUTA objects

National carrier South African Airways (SAA) has appointed Phumeza Nhantsi as its new permanent CFO. According to a statement by SAA, Nhantsi has served in an acting capacity since November 2015, following Wolf Meyer’s departure.

Rajesh Mahabeer joins Garuda Capital from SANParks

Rajesh Mahabeer, previously CFO of SANParks, has moved to Garuda Capital, effective 1 May 2017. His new role as Head of Public Sector Finance and Deal Origination will see him working in the space of mergers and acquisitions and funds mobilisation.

Robert Lumb takes over as Interwaste FD

Effective 1 May, Robert Lumb (pictured) will be the new financial director of Interwaste. Lumb takes over from Andre Broodryk, who was nominated for the CFO Awards in 2015. Broodryk left in January this year to pursue personal interests.

Raj Jandu new Neotel CFO

Raj Jandu (pictured) has been appointed Neotel CFO – a role that has stood empty since late 2015. Jandu joins Neotel from Liquid Telecom, where he has been CFO for the East Africa region since 2013. Liquid Telecom group officially acquired Neotel earlier this year, at a cost of R6.55 billion.

Peter Riskowitz new Long4Life CFO

Peter Riskowitz (pictured) has been appointed as CFO and executive director of Brian Joffe’s new investment firm, Long4Life, which listed yesterday on the JSE. Riskowitz’s role, which will take effect from 1 May, will include a strong focus on merger and acquisition activity for the firm.

Juan Mostert joins Bidvest Prestige as CFO

Juan Mostert has left Hitachi Data Systems Sub-Saharan Africa, where he was Head of Finance, and joined Bidvest Prestige as its CFO/Finance Director, effective 1 April.

Vodacom's Peter Moyo joins Old Mutual

Peter Moyo (pictured), Vodacom chairman, has been headhunted by Old Mutual to head its emerging markets arm. Moyo will return to his former employer on 1 June as CEO of Old Mutual Emerging Markets (Omem). He will replace Ralph Mupita, who resigned in October.

More former SAA execs join fastjet

Fastjet, one of Africa’s newer low-cost airlines, has recruited a further two former SAA group executives as chairman and CFO: Rashid Wally and Michael Muller.

Zunaid Bulbulia new Huge Group CFO

Zunaid Bulbulia (pictured), former MTN CEO and one of the company’s founders, has joined telecoms service company Huge Group as its new CFO, effective 27 March. David Deetlefs, who was serving as the company’s Group FD, will remain on the board as an executive director.

New SAA CEO to be appointed soon

The appointment of a new CEO at SAA will soon be finalised, or so said Finance Minister Pravin Gordhan in a recent letter to Baleka Mbete, the Speaker of the National Assembly, wherein he also sought permission to delay the tabling of SAA's corporate plan.

Oakbay Resources gets new CEO and FD

Jacques Roux has announced he will be leaving Oakbay Resources, where he was CEO, after just one year in the job, effective 31 March. He will be replaced by George van der Merwe, who will stand as acting CEO from 1 April.

Sara Bux to head CIMA Southern Africa

The Chartered Institute of Management Accountants (CIMA) has appointed Sara Bux (pictured) as its new Associate Director: Southern Africa. Bux, who joined CIMA on 7 March this year, has been charged with driving the long-term Southern Africa strategy, and will report to Badibanga Promesse, the Africa Regional Vice President.

Daniel Grobler new Murray & Roberts Group FD

Murray & Roberts has appointed Daniel Grobler (pictured) as its new group FD, effective 1 April. Grobler takes over from outgoing FD Cobus Bester, who was in the position for six years. Bester is retiring and will step down on 31 March.

Former Sanral CEO new Prasa chairman

Nazir Alli (pictured), former CEO of the South African National Roads Agency (Sanral), though perhaps best known for his previous role as the champion of the e-tolling system, has been announced as the new Passenger Rail Agency of South Africa (Prasa) chairman, taking over from Popo Molefe. This follows Transport Minister Dipuo Peters’ announcement last week of the dissolving of the rail agency's board.

Bill Thomas new KPMG Global Chairman

KPMG International has appointed 49-year-old William (Bill) Thomas as chairman. Thomas will head up the KPMG global network of professional services firms for a four-year term, effective 1 October 2017. He takes over from outgoing chairman, John Veihmeyer.

Stefan de Bruin new Paratus Telecom CFO

Paratus Telecom, the largest privately owned pan-African telecoms operator, and which has a solid track record in the ICT sector, has appointed Stefan de Bruin as CFO for the Group.

Mohammed Akoojee new Group CFO of Imperial

Mohammed Akoojee (pictured) has taken over from award-winning outgoing CFO Osman Arbee, as Group CFO of Imperial, effective 1 March. We spoke to Mohammed about his plans ahead.

Former Tesla CFO Deepak Ahuja rejoins as CFO

Tesla CFO Jason Wheeler has announced that he is leaving the electric vehicle manufacturer, a company started by South African-born entrepreneur Elon Musk. Wheeler will be replaced by Tesla’s former CFO, Deepak Ahuja (pictured).

Kevin Johnson new VP for Colfax Corporation

Kevin Johnson (pictured), who was nominated for a CFO Award in 2014, is the new Vice President of Colfax Corporation. Kevin took on the role earlier this year, leaving Marinella Vigouroux in charge of finance at Howden Africa.

Tanya van Lill new SAVCA CEO

The Southern African Venture Capital and Private Equity Association (SAVCA) has appointed Tanya van Lill (pictured) as CEO, effective 1 March 2017. Van Lill succeeds Erika van der Merwe, who served SAVCA for over four years.