the appointment of outgoing Transnet chief financial officer Nonkululeko Dlamini as its new group financial head and executive director.Dlamini is a qualified chartered accountant and served as CFO at the Industrial Development Corporation of South Africa and acting CFO at Eskom before her tenure at Transnet.“Ms Dlamini has experience serving as a Non-Executive Director on the boards of Kumba Iron Ore Limited and Small Enterprise Finance Agency,” Telkom’s board added.
The resignations followed criticism from mining companies over their failure to arrest Transnet’s decline.Current Telkom group CFO Dirk Reyneke will step down from the board and assume the role of chief capital projects officer. “In addition, Mr Reyneke will work closely with Ms Dlamini to ensure her seamless transition to the Group CFO role,” Telkom’s board said.
“His resignation follows recent developments which have resulted in capacity constraints on his side,” Telkom said.