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Alexander Forbes names Bruce Bydawell as finance chief

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The new CFO has been with the financial services group, which has lost eight top managers in recent months, for more than 16 years

Alexander Forbes Group, which has lost eight top managers in recent months, said on Tuesday that Bruce Bydawell would take over as CFO in April.

Bydawell, who at one point held the role of acting finance chief, has been with the financial services group for more than 16 years. He completed his articles with Deloitte in Johannesburg and then spent three years with Deloitte in the US. “He has also spent a number of years in corporates such as Presmed Healthcare and Deutsche Bank,” Alexander Forbes said.

Bloomberg reported in January that Thabo Mashaba, chief empowerment and transformation officer at Alexander Forbes, had resigned, taking the number of top managers that had left the group in recent months to eight.

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