PEOPLE MOVES
FINDING EXCELLENCE IN NEW PLACES Finance professionals are ready to take on new challenges and add value this year as they move into new roles and to new organisations. effect from 20 May 2022. She takes over from Mark Kathan, who was appointed as the head of AECI Mining. “I am excited to join the AECI leadership team and look forward to being part of driving the group’s strategic growth agenda,” Aarti said. The JSE has subsequently appointed its head of commercial finance, Carmini Kander, as its acting CFO.
Bongi Ngoma
In June, Auditor-General South Africa’s Bongi Ngoma was promoted to the national head of audit after serving as CFO for nine years. “I am looking forward to adding value in a number of areas. Operationally, to integrate technology in improving our ways of work and resultant outputs. Externally, I am looking forward to sharing deep insights that would add value to our stakeholders," Bongi said. Read more about Bongi’s journey as CFO and new appointment on page 16. Jason Quinn has returned to the role of Absa’s group FD following the appointment of Arrie Rautenbach as the bank’s new CEO. Punki Modise, who has been serving as interim FD since April 2021, has been appointed as the interim CEO of Absa’s Retail and Business Banking division. AECI has appointed Aarti Takoordeen as its new CFO with
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CFO MAGAZINE • CFO.CO.ZA
Liberty Holdings FD Yuresh Maharaj has taken over from David Munro as the group’s CEO. "I am humbled and privileged that the Liberty and Standard Bank Group afforded me the opportunity to lead an organisation with such a deep heritage and rich purpose," Yuresh said. Capitec co-founder, CFO and FD André du Plessis will be retiring on 30 June 2022 after 22 years with the group. Capitec’s group services financial head Grant Hardy has been identified as the designated CFO and FD to succeed André. AngloGold Ashanti CFO Christine Ramon has announced that she intends to retire at the end of June, after more than seven years with the company. “I am thankful and proud of my work and achievements at AngloGold Ashanti, and of the exceptional team I’ve worked alongside during that time,” Christine says. “This has been a difficult decision for me but given that I tragically lost my husband to Covid-19 last year, I now need to devote more time in the near term to my two children.”
ArcelorMittal South Africa has appointed Suretha van Wyk as its interim CFO until a new CFO is appointed. Suretha’s appointment follows the resignation of CFO Desmond Maharaj. Angela Pillay has tendered her resignation as the FD of Sasfin to pursue other endeavours. Angela joined Sasfin as FD in 2018. Global consulting company Kearney has appointed iOCO group CFO Jo-Ann Pöhl as their new senior advisor. “I am excited to be joining Kearney,” Jo says. “I resonate with their purpose, culture and focus on what is essentially right in the work that they do and who they partner with.” Jo served as the group CFO of iOCO from April 2020 until March 2022. The Eskom Pension and Provident Fund has appointed Thandie Mashego as its new CFO. Thandie will be taking over from Shafeeq
Mark Kathan
