Business Weekly (Zimbabwe)

Cricket SA names permanent CEO

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Daily Maverick — On Wednesday, Cricket South Africa finally named a new CEO, while Rugby made a

SA strong defence for the continued employment of its chief executive.

It was a day when two of South Africa’s biggest sports organisati­ons backed their chief executives in two vastly different circumstan­ces.

The chairman of the Cricket South Africa ( CSA) board, Lawson Naidoo announced Pholetsi Moseki as its new after an CEO eight-month search. Moseki will formally take the position on April 1, although he has been the acting for more than a year.

Moseki only joined the organisati­on in mid-2019, a few months before its leadership collapse started in earnest. In December 2019, Thabang Moroe was suspended and CSA has not had a permanent CEO since, underlinin­g the flux the organisati­on has endured.

Moseki has navigated the challengin­g times with skill and integrity in his 14 months as acting CEO. Given the amount of intellectu­al capital he has earned in that period, the confirmati­on of his role as permanent makes sense in terms of conti

CEO nuity. Moseki has spent months rebuilding bridges and trust in the organisati­on and has achieved relative stability, despite not formally having the backing of the board until this week.

“Pholetsi has displayed extraordin­ary dedication and commitment since he joined the CSA family in 2019,” Naidoo said.

“He has been the key link in the leadership chain at CSA, especially during challengin­g periods.

‘‘He has played a key role in getting the organisati­on moving in the right direction.”

Moseki, a qualified chartered accountant, understand­s the enormity of the role before him, which he can now start with a five-year contract and a clear mandate.

He is certainly mature enough to shrug off the insult of not being initially considered for the role.

He and Naidoo said all the right things, but the reality was that the board searched high and low for someone else before settling on what many believe was the obvious choice.

“We need to rebuild faith in our organisati­on,” Moseki told the media .“Breaking trust is very easy but building it takes a long time.

There’ve been numerous challenges, which resulted in a lot of our stakeholde­rs losing trust, and me being confirmed

CEO doesn’t necessaril­y mean there is going to be trust. It will be a process, but it is something we are focused on.

“A lot of our stakeholde­rs have lost faith in the organisati­on — that includes the South African Cricketers’ Associatio­n( Sac a ). It’s something we focused on improving. It’s a work in progress.

‘‘Our relationsh­ip with Saca has improved tremendous­ly from where it was two years ago. Ultimately, all of us want the same thing, which is sustainabi­lity in cricket.”

While Moseki has already been in talks with Saca over a revised memorandum of understand­ing, which governs the relations and terms between and profession­al CSA players, his most pressing issue is stabilisin­g finances.

CSA’s cash reserves have dwindled from more than R1-billion five years ago to under R300-million now. Major sponsors such as Standard Bank walked away from the sport when the boardroom drama exploded, and they haven’t been replaced.

“Finance is an important priority for us. The environmen­t has totally changed.

‘‘The economy is quite tough, not only for cricket but for the other sporting codes as well,” Moseki said. “Part of our strategy is looking at our whole ecosystem and seeing how we can diversify our revenue streams.”

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