Vodacom appoints interim chief financial officer

Vodacom Group has appointed Sitho Mdlalose as its interim chief financial officer.

Mdlalose currently serves as the executive director of finance of Vodacom South Africa. His role as interim chief financial officer will take effect from 1 July 2020.

The appointment comes after previous CFO, Till Streichert announced his resignation from the group, with his last day on or around 30 June 2020. The former CFO is leaving the group to pursue an external opportunity outside of Vodacom, the group said.

Mdlalose has a BCompt and over 20 years finance, management and consulting experience. He was appointed to the role of executive director: finance at Vodacom South Africa in 2017 having been the CFO: Vodacom International Business since 2014.

He has held a number of senior executive roles at Vodacom / Vodafone since joining the Vodafone Group in 2007 as a senior finance manager.

According to Vodacom, the appointment of a permanent chief financial officer is “well advanced” and an announcement is expected to be made in due course.

Read: Till Streichert resigns as Vodacom chief financial officer

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Vodacom appoints interim chief financial officer