Bongiwe Ntuli has been the CFO of TFG (The Foschini Group) since 3 September 2018.
A chartered accountant, Bongiwe has worked in freight, logistics, and the mining and financial-services sectors, locally and internationally. She began her career shortly after completing her articles at the age of 21, holding various positions in finance, treasury and risk-management at Anglo American, including subsidiaries in Europe, Canada and the UK. Prior to taking up the mantle of CFO of TFG, she had the challenging task as CEO of Freight Services at Grindrod, and Grindrod group executive board member. She currently sits on a number of external TFG boards and is the independent audit chairperson and non-executive director of South African software company AdaptIT. She is also chairperson of Caprisa, a non-profit S21 HIV/Tuberculosis research company.
For her work as the CFO of TFG, Bongiwe has been nominated for the 2021 CFO Awards.
2018 – Present CFO, TFG
2017 – 2018 CEO of Freight Services, Grindrod
2015 – 2018 Executive director, Grindrod
2015 – 2017 Executive director of Port, Transport and Rail, Grindrod
2014 – 2017 CEO of Port, Transport and Rail, Grindrod
2014 Independent non-executive director, Atlatsa Resources Corporation
2013 Non-executive director, Grindrod Bank
2012 Head of Corporate Services, Grindrod
2008 – 2015 FD, Grindrod
2008 Independent non-executive director, AdaptIT Holdings
1998 CA(SA) & B.Com Accounting and Finance, University of KwaZulu-Natal
2007 Management Development Program in Finance and Financial Management Services, London Business School
2018 Advanced Management Program, Harvard Business School
About company: TFG is a diverse group with a successful portfolio of 28 leading fashion retail brands across various lifestyle and merchandise categories.
Company: TFG (The Foschini Group)
Job title: CFO
External profile: -
CFO Bongiwe Ntuli: Scenario planning continues to be critical to TFG's forward planning
Bongiwe says TFG is fortunate that Covid-19 found the group with a strong balance sheet.
Bongiwe Ntuli to join TFG as CFO
Bongiwe Ntuli will be taking over from Anthony Thunstrom as CFO of TFG from 3 September.