Johannesburg, 2017-May-14 — /Travel PR News/ — South African Airways (SAA) has announced the appointment of Ms Phumeza Nhantsi (39) as SAA’s new Chief Financial Officer (CFO). The appointment is effective from 1 May 2017.
Ms. Nhantsi was appointed as SAA’s Interim CFO in November 2015 after the position was left vacant following the departure of Mr. Wolf Meyer.
The appointment followed a rigorous recruitment and selection process before a recommendation was made to the Shareholder for concurrence.
“Since the appointment of the full-strength Board in September 2016, the focus has been on stabilising the business and one of the priorities was to ensure that key management vacancies are filled. This is one such key appointment for the airline to ensure that SAA’s strategic objective of transforming the business into a financially sustainable aviation group is achieved,” says Mr. Musa Zwane, SAA Acting CEO.
Prior to joining SAA, Ms Nhantsi was a Director at SizweNtsalubaGobodo (SNG), the fifth-largest accounting firm in Southern Africa and the largest black-owned and managed firm. She was temporarily seconded from SizweNtsalubaGobodo to SAA.
Ms Nhantsi, who is a Chartered Accountant, has extensive experience in the financial services and aviation arena.
“We congratulate Ms Nhantsi on her appointment and wish her well in executing her responsibilities,” says Zwane.
About South African Airways (SAA)
South African Airways (SAA) is the leading carrier in Africa, serving 56 destinations, in partnership with SA Express, SA Airlink and its low-cost carrier, Mango, within South Africa and across the continent, and nine intercontinental routes from its Johannesburg hub. It is a member of the largest international airline network, Star Alliance. SAA’s core business is the provision of passenger airline and cargo transport services together with related services, which are provided through SAA and its wholly owned subsidiaries: SAA Technical; Mango its low-cost carrier; and Air Chefs, the catering entity of SAA. SAA is the winner of the ‘Best Airline in Africa’ Award in the regional category for 14 consecutive years and the winner of ‘Service Excellence Africa’ for three years. Mango and SAA hold the number one and number two successive spots as South Africa’s most on – time airlines.
SOURCE: South African Airways
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