People moves
30 August 2016 Following a six-month search to find a replacement for CEO Edward Kieswetter, who left the group in February to pursue other interests, Alexander Forbes has appointed financial services veteran Andrew Darfoor (pictured). Darfoor will assume the role of CEO from 1 September, relieving acting group CEO and CFO, Deon Viljoen. 26 August 2016 Rhino Resources, a global energy company, has announced the addition of London-based CFO Rob Tims to its leadership team. Tims, a 25-year veteran of the oil and gas industry and whose experience spans operations, finance, banking and consulting, has for the past 10 years, served as Managing Director with responsibility for Africa at Standard Chartered Bank. Patrick Mulligan, Rhino Resources President and CEO, said of Tims’ appointment: 23 August 2016 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. 31 July 2016 Cloud accounting software company Xero, which officially launched in South Africa in May, has appointed Colin Timmis (pictured) as its new head of accounting in SA. 01 July 2016 Govinder Sateesh Kamath has been appointed the new Safaricom CFO, effective 1 August, following the recalling of CFO John Tombleson earlier this week. 30 June 2016 MTN has appointed Adekunle Awobodu (pictured) as its new MTN Nigeria (MTNN) CFO. Awobodu, the first Nigerian to occupy this position, takes over from Ferdi Moolman, who became CEO of the company in December last year. Moolman was quoted in the media as saying: 19 August 2015 As of end July 2015, Gustav Raubenheimer is CFO Designate of Good Bank (African Bank) and its new holding company.Andrew Darfoor appointed new Alexander Forbes CEO
Rob Tims named new Rhino Resources CFO
Nombali Mbambo new CFO of Adapt IT
Xero appoints Colin Timmis as SA head of accounting
Govinder Sateesh Kamath new Safaricom CFO
Adekunle Awobodu new CFO of MTN Nigeria
Gustav Raubenheimer appointed as CFO of African Bank
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