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Telkom appoints new CFO

June 28, 2018 • Company News, People, Southern Africa, Top Stories

New Telkom CFO, Tsholofelo Molefe (Image from www.iol.co.za)

New Telkom CFO, Tsholofelo Molefe (Image from www.iol.co.za)

Telkom announced the appointment of Tsholofelo Molefe as the Group Chief Financial Officer on 27 June 2018, appointment effective 1 July 2018.

Molefe will be taking over the role from Deon Fredericks, who has been with the company since 2016 and will be assuming the newly created role of Chief Investment Officer for Telkom SA SOC Limited.

According to Telkom Group CEO, Sipho Maseko, Molefe’s appointment ensures that there is a greater focus on Telkom’s investment strategy, ensuring its participation in future revenue pools as it enters the growth phase of its strategy.

Molefe joined Telkom in July 2016 as a deputy chief financial officer. In April 2017, she was appointed to the group executive committee as chief risk and compliance officer to strengthen internal controls across the group as the operating model evolved.

 

By Daniëlle Kruger

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