Act­ing CFO re­cruited for Acsa

The Star Early Edition - - BUSINESS REPORT - Ka­belo Khu­malo

AF­TER months of al­le­ga­tions of flout­ing its pro­cure­ment pro­cesses, the Air­ports Com­pany South Africa (Acsa) has roped in Dirk Kunz as act­ing chief fi­nan­cial of­fi­cer as it seeks to clean up its pro­cure­ment sys­tems.

Kunz suc­ceeds Mau­reen Manyama, who va­cated her po­si­tions of chief fi­nan­cial of­fi­cer and ex­ec­u­tive di­rec­tor of the board on Thurs­day.

This move comes four months af­ter three key ex­ec­u­tives were placed on sus­pen­sion af­ter al­le­ga­tions of ir­reg­u­lar­i­ties in the pro­cure­ment pro­cesses at Acsa, while a dis­ci­plinary process was un­der way against the act­ing chief ex­ec­u­tive, Bon­gani Maseko.

In Septem­ber, the com­pany’s board sus­pended pro­cure­ment man­ager Percy Sit­hole, general man­ager of re­gional air­ports Jab­u­lani Kham­bule and le­gal coun­sel Bon­gani Ma­chobane.

The board, how­ever, con­tro­ver­sially de­cided to let Maseko con­tinue in his role de­spite also be­ing im­pli­cated in the al­leged ir­reg­u­lar­i­ties.

Dis­ci­plinary steps

The up­heaval in Acsa’s top management fol­lowed a re­port from Dr VS Mn­cube Con­sult­ing, which in­ves­ti­gated the com­pany’s sup­ply chain pro­ce­dures and found sev­eral ex­ec­u­tives had con­tra­vened the Pub­lic Fi­nance Management Act, and or­dered dis­ci­plinary steps to be taken against them.

Kunz, a trained char­tered ac­coun­tant, comes to the po­si­tion with more than eight years’ ex­pe­ri­ence at the paras­tatal that op­er­ates the coun­try’s nine air­ports, in­clud­ing OR Tambo and King Shaka In­ter­na­tional.

He has pre­vi­ously served as group man­ager for cor­po­rate fi­nance.

Acsa has also cred­ited him with in­tro­duc­ing a 10-year fi­nan­cial plan­ning regime to fa­cil­i­tate im­prove­ments in the per­mis­sion to levy air­port charges, con­sul­ta­tion and ap­pli­ca­tion process.

Acsa on Fri­day said it had con­fi­dence that Kunz was up to the tasks of his new re­spon­si­bil­i­ties and that it had started the search for a new CFO.

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