Denel appoints CFO to strengthen its management team
State-owned defence group Denel has appointed Carmen le Grange CFO.
The group on Monday said the appointment of a seasoned chartered accountant as the CFO would strengthen its management team and contribute to a strong culture of corporate governance.
In her new position, Le Grange will oversee the financial affairs of the Denel group and play a critical role in improving audit results, financial systems and capability, while also working closely with the Auditor-General of South Africa and the investor community.
Denel CEO Danie du Toit said Le Grange was joining the company at a time when its turnaround strategy was starting to deliver results.
“We expect Ms Le Grange to play a leadership role to further stabilise Denel’s finances and implement the measures introduced by the board to improve performance and restore confidence in the future of the company among stakeholders, partners and suppliers," he added.
She is a chartered accountant and graduate of the University of Natal. She served as a partner at PricewaterhouseCoopers for more than a decade before founding an advisory consulting practice.
She also serves on the audit committee of the Department of Tourism and on the education and transformation committee of the Independent Regulatory Board for Auditors.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation