PEOPLE MOVES
FINANCE PROFESSIONALS TAKE ON NEW CHALLENGES After a year like 2020, these finance professionals have learnt to take every opportunity by the horns and are ready for the challenge of a career change. Stuart Spencer, who will continue to serve as the bank’s COO. She previously served as the CFO of Investec’s Specialist Bank.
Jason Quinn
Jason Quinn was appointed as interim group CEO of Absa in February, taking over from exiting CEO Daniel Mminele. Jason has been the group FD of Absa since August 2016 and was awarded the 2020 CFO of the Year for his work in this role. Punki Modise has stepped into the role of interim FD of Absa. Punki joined Absa Group in 2008 and has held various senior management roles, including that of CFO of the retail and business banking division.
Emanuel Cristaudo has been appointed as Truworths International’s new CFO with effect from July. He will be taking over from Hermanus Smit, who has been serving as the interim CFO following David Pfaff’s resignation in December 2020. Emanuel has had extensive involvement at executive and director levels at Truworths’ main operating subsidiary in its Africa segment, where he was employed for over 16 years until 2013. David moved on to become the CFO of TymeBank’s sister company, Tyme, in March, as well as country CEO of Tyme’s South African operations. “I am excited to join such an innovative and exciting company that will change banking as we know it,” David said.
Deon Smith was appointed as the CFO of Thungela Resources in April, following its demerger from Anglo American. Deon has been serving as the CFO of Anglo American’s Coal South Africa division since July 2017.
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CFO MAGAZINE • CFO.CO.ZA
Denel appointed Thandeka Sabela as its acting group CFO in March. She takes over from Carmen le Grange, who resigned as group CFO in early March. Thandeka has been with Denel since November 2015. Gary Altini will step down as the CFO of Takealot, along with its CEO Kim Reid, in July. Gary joined Takealot in October 2010 after serving as CFO for various businesses within the Naspers Group. Wescoal appointed Jubilant Speckman as its permanent group CFO in February. Jubilant has been acting as the group CFO since 1 September 2020 following the resignation of Izak van der Walt after three years as group CFO. "I am delighted and humbled by my appointment and grateful for the value placed on empowering the next generation of leaders,” Jubilant said.
Telkom appointed acting CFO Dirk Reyneke as its permanent group CFO in February. Dirk took over from exiting group CFO Tsholofelo Molefe in December 2020.
Investec appointed Marlé van der Walt as its FD in April. She replaces
Jubilant Speckman
Punki Modise
Sharon Naidoo was appointed as TransUnion Africa’s new CFO in
