Truworths also announced that chief executive officer (CEO), Michael Mark, had extended his service contract until June 2013. Mark has been CEO since 1991.
Sardi, 41, was previously head of investment banking at a leading banking group.
"He joined Truworths in July 2010 as CFO designate and has undergone an extensive induction programme. He will be responsible for the finance, company secretarial, legal, project, operational risk and internal audit departments at Truworths," the group said.
Earlier, Truworths reported diluted headline earnings per share up 19% to 238 cents for the 26 weeks ended December 2010, from 199.4 cents previously.
The group recorded headline earnings per share of 242.7 cents, from 203.3 cents.
An interim cash dividend of 128 cents per share was declared, an increase of 25%.
Operating profit was up 20% to R1.51 million and revenue was at R4.62 million from R4.03 million.
Truworths said that the results for the first half of the financial year reflected the cumulative benefits of low interest rates, low inflation and higher real wage increases.
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