Chartered accountant appointed CFO at AllPay

AllPay, the wholly owned payments subsidiary of Absa, has announced the appointment of Stephne Hamilton as its chief financial officer. This is in line with the company's vision to reinforce its position in the market as one of South Africa's leading providers of social grants.

With over 13 year's financial management experience, Hamilton's focus will primarily entail managing the financial performance of AllPay, including financial analysis, interpretation and management all regulatory and statutory compliance. She is a qualified Chartered Accountant.

Experience will add value

"We are excited about Ms Hamilton's appointment at this crucial stage in our organisation's journey. AllPay is on a growth trajectory, which is largely attributable to a team with immense experience in their individual areas of expertise," says Edmund Jeneker, MD of AllPay. "Her depth of experience will add value to the AllPay team - she has wide-ranging financial management experience both locally and globally. Her incisive financial understanding will enhance an already 'results driven' team that manages social grants in excess of R19.2 billion."

Prior to joining AllPay, Hamilton held various senior positions at Absa Unsecured Lending, Absa Group Finance and Morgan Stanley and Arthur Andersen in the United Kingdom.