{"id":357755,"date":"2020-06-26T12:28:18","date_gmt":"2020-06-26T10:28:18","guid":{"rendered":"https:\/\/mybroadband.co.za\/news\/?p=357755"},"modified":"2020-06-26T12:29:50","modified_gmt":"2020-06-26T10:29:50","slug":"vodacom-appoints-interim-cfo","status":"publish","type":"post","link":"https:\/\/mybroadband.co.za\/news\/business\/357755-vodacom-appoints-interim-cfo.html","title":{"rendered":"Vodacom appoints interim CFO"},"content":{"rendered":"<p>Vodacom Group has announced in a statement to shareholders that Sitho Mdlalose has been appointed as its interim chief financial officer.<\/p>\n<p>Mdlalose currently serves as the executive director of finance for Vodacom South Africa, and will take up his new role from 1 July 2020.<\/p>\n<p>Mdlalose has a BCompt qualification and over 20 years experience in the finance, management, and consulting sectors.<\/p>\n<p>He was appointed to the role of executive director of finance for Vodacom South Africa in 2017, having previously been the CFO of Vodacom International Business.<\/p>\n<p>Mdlalose has held a number of senior executive roles at Vodacom and Vodafone since joining the Vodafone Group in 2007 as a senior finance manager.<\/p>\n<p>Vodacom said that the appointment of a permanent chief financial officer is well-advanced and an announcement would be made in due course.<\/p>\n<h3 class=\"my-4\">Reason for appointment<\/h3>\n<p>Mdlalose will take over from Till Streichert, who <a href=\"https:\/\/mybroadband.co.za\/news\/business\/330181-vodacom-cfo-resigns-2.html\" target=\"_blank\" rel=\"noopener noreferrer\"><strong>announced<\/strong><\/a> in November 2019 that he would be leaving Vodacom around the end of June 2020.<\/p>\n<p>This announcement came days after the announcement that CTO Andries Delport would also be leaving Vodacom, with Dejan Kastelic replacing Delport as Vodacom&#8217;s new CTO from 1 May.<\/p>\n<p>Streichert was appointed as chief financial officer and an executive director of Vodacom Group in August 2015 after working as the finance director at Vodacom South Africa from February 2014.<\/p>\n<p>He was also appointed as a non-executive director of Vodacom Tanzania, Vodafone Kenya, and Safaricom in August 2017.<\/p>\n<p>Streichert is an industry veteran in the telecoms and financial fields and was awarded the 2017 CFO of the Year award by CFO South Africa.<\/p>\n<p>Vodacom said that Streichert&#8217;s resignation is because he plans to &#8220;pursue an external opportunity outside of Vodacom.&#8221;<\/p>\n<p>CEO Shameel Joosub said Streichert has made a valuable contribution to the Vodacom Group board and as a member of the executive committee.<\/p>\n<h3 class=\"my-4\">Now read: <a href=\"https:\/\/mybroadband.co.za\/news\/business-telecoms\/357013-revenue-and-profit-per-employee-vodacom-vs-mtn-vs-telkom.html\" rel=\"bookmark\">Revenue and profit per employee \u2013 Vodacom vs MTN vs Telkom<\/a><\/h3>\n","protected":false},"excerpt":{"rendered":"<p>Vodacom Group has announced in a SENS statement that Sitho Mdlalose has been appointed as its interim chief financial officer.<\/p>\n","protected":false},"author":341039,"featured_media":350608,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_sma_x_autopost_status":"idle","_sma_x_autopost_error":"","_sma_x_post_id":"","_sma_facebook_post_id":"","_sma_instagram_post_id":"","_sma_threads_post_id":"","_sma_x_attempts":0,"footnotes":""},"categories":[19],"tags":[65343,43176,41],"class_list":["post-357755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-sitho-mdlalose","tag-till-streichert","tag-vodacom"],"_links":{"self":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/357755"}],"collection":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/users\/341039"}],"replies":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/comments?post=357755"}],"version-history":[{"count":1,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/357755\/revisions"}],"predecessor-version":[{"id":357757,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/posts\/357755\/revisions\/357757"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media\/350608"}],"wp:attachment":[{"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/media?parent=357755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/categories?post=357755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mybroadband.co.za\/news\/wp-json\/wp\/v2\/tags?post=357755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}