Ghanian Thomas Kyei-Boateng appointed as CFO of ISACA

GHANA – Ghanian Thomas Kyei-Boateng has been appointed as chief financial officer (CFO) of ISACA, an international professional association focused on IT governance. Kyei-Boateng is a seasoned strategic finance professional with a strong background across the finance spectrum in strategic planning, mergers and acquisitions, and investments. In his role as CFO, Kyei-Boateng will lead the finance team at the global technology association, which serves more than 150,000 members who work in information security, governance, assurance, risk and privacy worldwide. His work will include advancing the alignment of ISACA’s finances with…

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United Africa Company of Nigeria appoints Funke Ijaiya-Oladipo as new CFO

NIGERIA – The Board of Directors of The United Africa Company of Nigeria (UAC of Nigeria PLC), a leading diversified Company, has announced the appointment of Mrs. Funke Ijaiya-Oladipo as Chief Financial Officer (CFO) of the Company. The Board also announced the resignation of Mr. Ibikunle Oriola as Group Finance Director of the Company with effect from 31st December 2020. According to a press release by the company, Funke is a high-achieving, results-driven, finance professional. She has over 13 years’ corporate finance and capital markets experience. With a focus on…

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MTN appoints Sugentharan Perumal as acting CFO, makes other board changes

SOUTH AFRICA – MTN, a communications company, has appointed Sugentharan Perumal as acting MTN Group chief financial officer (CFO) following the appointment of the previous CFO, Ralph Mupita, as the new MTN Group CEO. Perumal is currently acting CFO of MTN South Africa and previously held the CFO position at MTN Irancell. A chartered accountant for over 15 years, he has also served as an external auditor of MTN Group and held various key executive and board positions within the company. “The board is confident in the wide-ranging experience and…

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ATI appoints Manuel Moses as the CEO alongside other appointments

AFRICA – African Trade Insurance Agency (ATI) has appointed Mr. Manuel Moses, a veteran of the World Bank’s IFC, as the new Chief Executive Officer based on the Board’s recommendation. He will assume office on 1 November 2020. Mr. Moses is a Zimbabwean national, who brings 15 years of experience from the IFC, where he most recently held the post of Country Manager of Kenya. He holds an MBA from the University of Leicester in the UK and a BSc in Civil Engineering from the University of Zimbabwe. In the…

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South African fishing group Oceana appoints Hajra Karrim as Chief Financial Officer

SOUTH AFRICA – South Africa’s fishing giant, Oceana Group has appointed Hajra Karrim as Chief Financial Officer and executive director of the Company, with effect from 1 November 2020. According to the company’s announcement, Hajra will be taking over from interim Trevor Giles who was appointed Interim CFO in February and will be returning to his role as Group Executive of Business Development at the end of October. Trevor stepped in as interim CFO following the resignation of Elton Bosch to pursue “other business interests” in January. “The Board would like…

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Clothing retailer Edgars appoints Tjeludo Ndlovu as the new chief executive officer

SOUTH AFRICA – Edgars Stores Limited, a clothing retailer, has appointed Ms Tjeludo Ndlovu as its chief executive officer effective July 1, 2020 taking over from Mrs Linda Masterson who has retired. A chartered accountant, Ms Ndlovu joined Edgars eight years ago as group financial accountant, a role in which she doubled as company secretary. She was elevated to managing director for the Jet chain before becoming managing director for the Edgars chain. Ms Ndlovu takes reigns of the business at a time of great economic difficulty in the country,…

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Tiger Brands names Deepa Sita as group’s CFO

SOUTH AFRICA – South African packaged food group, Tiger Brands has appointed Deepa Sita as the company’s Chief Financial Officer and Executive Director with effect from 1 October 2020. Sita will be taking over from Pamela Padayachee, who has been serving as acting CFO from 1 February 2020 after former CFO Noel Doyle stepped into the CEO role. Pamela Padayachee will assume a senior finance role within the company once Sita assumes her position. “The Board would like to express its appreciation for the professionalism and personal commitment of the Acting…

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