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Tag: cfo

Fintech company Flutterwave appoints Oneal Bhambani as Chief Financial Officer

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NIGERIA – Flutterwave, a fintech company that provides a payment infrastructure for global merchants and payment service providers across the continent, has appointed Former American Express Executive, Oneal Bhambani as Chief Financial Officer of the company. The development is expected to facilitate the company’s expansion with best-in-class discipline, operational controls and financial rigour. “I am excited to welcome Oneal to…

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AFDB launches new program to enable cities tap financial markets more effectively

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KENYA – The African Development Bank and United Cities and Local Governments, a global umbrella group for local and metropolitan governments, have announced the launch of a new program to build the capacity of municipal chief financial officers (CFO) across the continent. The new initiative will enable cities to tap financial markets more effectively in order to fund their local…

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Transcorp appoints Joseph Adegunwa as new Chief Financial Officer

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NIGERIA – The Board of Transnational Corporation of Nigeria Plc has announced the appointment of Mr Joseph Adegunwa, as the new Chief Financial Officer of the Company, effective from November 15, 2021. This is according to a statement signed by the Group Company Secretary, Kofo Olokun-Olawoyin, and filed with the Nigerian Exchange Limited (NGX). Joseph Adegunwa is an astute finance…

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Ghanian Thomas Kyei-Boateng appointed as CFO of ISACA

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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…

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

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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.…

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

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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…

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ATI appoints Manuel Moses as the CEO alongside other appointments

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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…

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

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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…

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

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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…

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