People moves

Riad Gydien is SAS's new Senior Regional VP for Europe

Anaytics specialist SAS has promoted Riad Gydien (pictured) into a Senior Regional Vice President role for the South and East EMEA regions. Gydien, a South African, was on the panel of judges for the CFO Awards 2014. Prior to this promotion he was SAS VP for the Middle East and Africa.

Marinella Vigouroux new Howden Africa CFO

Marinella Vigouroux has taken over from Kevin Johnson as CFO of Howden Africa. The finance department is not only a source of information but key to the business strategy and operational success of a company, she says.

MiX Telematics still looking for CFO, interim CFO Paul Dell appointed

As outgoing CFO Megan Pydigadu has served her notice at fleet and mobile asset management solutions company MiX Telematics, the financial controller will take over. The company has announced that Paul Dell (pictured) as been appointed to the board of directors as interim CFO, effective 9 February 2017.

PIC CFO Matshepo More joins IRBA board

CA(SA) Matshepo More has been appointed to the Board of the IRBA, effective 1 December 2016. More is currently the CFO and Executive Director of the Public Investment Corporation Limited (PIC), one of the largest asset managers in Africa.

Prof Ben Marx heads accounting department UJ

Popular auditing lecturer Prof Ben Marx has taken over from his long-serving colleague Alex van der Watt as head of the accounting department at the University of Johannesburg. “I am very excited to be leading the best accounting department in the country and to work with its great, hard-working staff,” said Ben, who has also been a member of the panel of judges of the CFO Awards for the last four years.

Marius Bierman returns to WE Wearne as CFO

Marius Bierman CA(SA) has returned to the CFO seat he held from December 2011 to December 2013, as finance head for WE Wearne, a company that produces construction materials.

Lee-Anne de Bruin appointed new Resolute CFO

Lee-Anne de Bruin has been appointed CFO of Africa and Australia-focused gold miner Resolute Mining, effective 27 February 2017. She leaves her post as the regional CFO in Australia for Newmont Mining. Prior to this role she was head of project function for BHP Billiton.

Cindy Hess new CFO of Media24

Cindy Hess, formerly CFO of Pioneer Foods, has taken on a new role as CFO of Media24. Media24 seems very pleased to have Cindy on board, referring to her as “an accomplished CFO”. Cindy was a finalist in the 2016 CFO of the Year Awards, for her work at Pioneer Foods.

New boss for Nersa: Christopher Forlee

Christopher Forlee has been appointed CEO of the National Energy Regulator of South Africa (Nersa). The appointment, effective 1 January 2017, will span a period of five years. Forlee will also be a full-time regulator member of Nersa.

Les Wood named interim CFO of Tullow Oil

Les Wood (pictured), currently VP of finance and commercial, has been appointed Tullow Oil’s interim CFO while Ian Springett, the actual finance head, is off on an extended leave of absence for medical treatment.

Marinella Vigouroux new Howden Africa CFO, replacing Kevin Johnson

Kevin Johnson has left his position as CFO of Howden Africa Holdings Limited (HAHL), moving to the Colfax Corporation where he has accepted a senior position in the company. Marinella Vigouroux (pictured) has taken over the CFO role at HAHL, effective 8 December. Vogouroux is also an Executive Director of the company.

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.”

Rowland Wallenius joins Eastplats as CFO & Corporate Secretary

Rowland Wallenius (pictured) has joined the senior management team of Vancouver-based, JSE-listed Eastern Platinum Limited (Eastplats) as chief financial officer and corporate secretary. Wallenius takes over from interim CFO, David Li.

Lesrick Nayager takes up CFO post at Decision Inc

Lesrick Nayager (pictured) has been appointed CFO for Decision Inc., a company which represents leading global technology brands and are experts in the implementation, support and execution of such technologies.

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.

Ralph Mupita new MTN CFO

Telecoms giant MTN has named Ralph Mupita (pictured), Old Mutual Emerging Markets chief, as its new group chief financial officer, effective April 2017. Gunter Engling, acting group CFO, will assume the position of deputy CFO, MTN said in a statement.

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.

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.

Andrew Darfoor appointed new Alexander Forbes CEO

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.

Rob Tims named new Rhino Resources CFO

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:

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.

Govinder Sateesh Kamath new Safaricom CFO

Govinder Sateesh Kamath has been appointed the new Safaricom CFO, effective 1 August, following the recalling of CFO John Tombleson earlier this week.

Adekunle Awobodu new CFO of MTN Nigeria

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: