Gijima appoints new CFO

Gijima, the JSE listed ICT company has announced the appointment of  Ernst Röth as its chief financial officer, effective 1 April 2014.

Liesl Tweedie, who stepped in to assist the company in July 2013, will step down from the board as acting CFO, with effect from 1 April 2014, but will however continue until the end of April, to ensure a smooth transition.

Tweedie will remain on a consulting basis to work with our new CFO on the turnaround.

Röth, has for the past seven years been the CFO of JSE-listed companies Mvelaphanda Group Limited (4 years: 2007-2010) and Mvelaserve Limited (3 years: 2011-2013).

He has also worked for Mvelaphanda Holdings as CFO (2003-2007), Boland Bank, the auditor-general and has managed his own auditing firm.

Röth is a South African registered Chartered Accountant, with a Postgraduate Certificate in Advanced Taxation. He has in-depth commercial and strategic skills and knowledge across a range of industries, including Services and Financial sectors.

He played a key role in Mvelaserve’s turnaround strategy and transforming the organisation into a R5.4 billion turnover JSE-listed global company, Gijima said.

Executive chairman, Robert Gumede, said: “The Board is delighted to have recruited a seasoned CFO with vast listed and turnaround experience, a track record in operating, managing finances and dealings with investors, analyst, clients and staff. We have now complied with our undertaking to stakeholders to recruit an experienced CFO. Ernst will form a strong team with our CEO, Eileen (Wilton)”.

“We expect to make an announcement soon regarding the promised Sales Director appointment,” he said.

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Gijima appoints new CFO