SAA appoints interim CFO

Telkom’s chief investment officer, Deon Fredericks, has been appointed the new interim chief financial officer (CFO) of South African Airways (SAA) effective 15 October.

He will take over from Robert Head whose contract with SAA ended on 30 September. He will be on secondment from Telkom for 12 months, during which time SAA will initiate and finalise the recruitment process for the appointment of its permanent CFO.

“We welcome the appointment of Fredericks to ensure that SAA’s strategic objective of transforming the business into a financially sustainable aviation group is achieved,” said SAA board chairperson, JB Magwaza.