The latest CFO appointments, promotions and resignations
New finance bosses for Altron, Amplats and Alexander Forbes, while ex-CFOs become CEOs at Petra Diamonds and Imperial Logistics.
Alexander Forbes appointed Bruce Bydawell as CFO, replacing Naidene Ford-Hoon.
Bruce, a chartered accountant, has over 25 years’ experience in finance, audit, accounting, taxation, financial reporting, debt structuring and corporate finance, of which more than 16 years have been with the company.
Cedric Miller was appointed as Altron’s CFO, replacing Group COO Andrew Holden who was filling in after the resignation of Tim Jacobs. Cedric has over 27 years’ financial and accounting experience, having worked extensively in global investment and retail banking.
Craig Miller has taken over as FD of Amplats. He replaced Simon Kruger who was filling in as FD after the resignation of Ian Botha, who moved to Anglo American. Craig joined Amplats from Anglo American where he was group financial controller.
Former Virgin Mobile SA financial director Samantha Sequeira was appointed as the CFO and executive director of Huge Group, replacing Zunaid Bulbulia, who will remain with the company as a consultant.
Marlé van der Walt was appointed as Investec Specialist Bank CFO. For the past six years she was the CFO for Private Bank, while simultaneously leading the Basel IRB programme. You can read more about her vision for her role on page 24.
“We’ve walked a long journey to get where we are – having Imperial Logistics separately listed.” – Mohammed Akoojee
Wesbank appointed Thembeka Maseko as its CFO. Thembeka has been with Webank for nine years, working her way up through the financial divisions to her most recent appointment as CFO.
The Federated Employers Mutual Assurance Company (FEM) appointed Yusuf Bodiat as its CFO.
After the resignation of former Imperial Logistics CEO Marius Swanepoel, Imperial Holdings CFO Mohammed Akoojee stepped into his place.
Regarding his new role, Mohammed said:
“I am very excited about the new
role. We’ve walked a long journey to get where we are – having Imperial Logistics separately listed. It’s been quite fulfilling to get to this point. Following this three-to-four-year period, I am looking forward to this next stage in our growth.”
Metrofile Holdings appointed former Torre Industries group CFO Shivan Mansingh as its permanent CFO. He will be replacing interim CFO Leon Thompson, who filled in after former CFO Kelebogile Dludla resigned without providing a reason.
Wayne Koonin resigned as the CFO of Omnia to pursue other interests.
Wayne was appointed group finance director of Omnia Holdings in 2014 after a diverse career path. He has extensive international experience at CFO and financial director level.
Wayne was nominated for the 2016, 2017 and 2018 CFO Awards and walked away with the Finance & Technology award in 2017.
Olufunke Ighodaro resigned as CFO-designate at Barloworld. She was appointed in September 2018 to take over the CFO role from Donald Wilson.
However, she resigned as of 1 February as both CFO-designate and executive director to pursue other interests. Donald will remain in his position despite his retirement, which was planned for February 2019.
After Tongaat Hulett CFO Murray Munro took a medical leave of absence in August 2018, Rob Aitken stepped in as acting CFO. He was appointed permanently as of 1 March.
Vukile Property Fund appointed Laurence Cohen as its CFO designate, succeeding FD Mike Potts, who retired with effect from 30 June 2019. He also joined the board of directors.
Former AngloGold Ashanti CFO Richard Duffy took over from Johan Dippenaar at Petra Diamonds as CEO.
About his new appointment, Richard said:
"I am delighted to have been appointed CEO of Petra Diamonds. I look forward to working with a very capable team that has grown the business and laid the foundations for delivering on the recent capital investment programme."
Pernod Ricard South Africa appointed Stuart Hughes as its FD, replacing Brigitte Staley, who left the group. Stuart is also a member of the executive management team. Before taking up the South African appointment, Stuart served as the interim country manager and finance director for Pernod Ricard Angola.
Former Independent Police Investigative Directorate (IPID) chief financial officer Victor Senna was appointed as the acting head of IPID. He will be replacing Robert McBride for a period of three months.
Former Food and Beverages Manufacturing SETA CFO Nokuthula Selamolela was appointed as CEO of the organisation. She served as CFO of the company for five years.
“I look forward to working with a very capable team that has grown the business.” – Richard Duffy