The announcements came after Finance Minister Malusi Gigaba talked tough about the financial management of parastatals, when he presented his medium-term budget policy statement on Wednesday
Among the new appointments are Zwelakhe Ntshepe, who becomes the new group CEO of Denel, and Odwa Mhlwana its chief financial officer.
Brown announced the confirmation of Tsepo Monaheng as the new CEO of the South African Forestry Company (Safcol) and Lemogang Pitsoe as the new CEO of diamond miner Alexkor. Adila Chowan was appointed Alexkor's chief financial officer.
Brown praised Ntshepe's work as Denel's group executive for business development, for contributing to the defence business's revenue growth to more than R8bn in five years.
She said Mhlwana, a qualified chartered accountant had served as the financial director of the Land Systems SA subsidiary of Denel.
She said Monaheng's 15 years in management would stand him in good stead as he took the helm at Safcol.
Pitsoe, an engineer, had vast experience in the mining industry to offer Alexkor, while Chowan, a chartered accountant, had served in financial management in both the private and public sector, Brown said.
Source: BDpro
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
