Zim born man takes over as Sasol CFO

AFTER a year-long search, gas and liquid fuels group Sasol has appointed Anglo American Platinum (Amplats), and former Eskom chief financial officer Bongani Nqwababa as its chief financial officer from next March , or earlier.

The Zimbabwean born Nqwababa hails from Tsholotsho.

Bongani Nqwababa, born 05-03-1966, holds a BAcc (Honours) from the University of Zimbabwe, he is a qualified Chartered Accounted, holds an MBA from the University Manchester and serves as an Executive Director of Finance at Anglo Platinum. Nqwababa served as Chief Financial Officer of Anglo Platinum since January 1, 2009.

He served as a Finance Director of Eskom Holdings Ltd., from September 2004 to September 2008. Prior to joining Eskom, he served as Treasurer and Chief Financial Officer of Shell Southern Africa and also worked in the Treasury Departments of Fortis Bank in the Netherlands and FBC Fidelity Bank in South Africa.

Mr. Nqwababa's past experience includes roles as head of foreign exchange at Fidelity Investment Bank and as an Audit Manager at Pricewaterhouse (South Africa). He served as Chairman of Eskom Finance Company, Escap.

He has been Executive Director of Anglo Platinum Ltd. since January 1, 2009. Mr. Nqwababa has been an Independent Non-executive Director of Old Mutual plc since April 1, 2007. He serves as a Director of Eskom Enterprises, Rotek Industries and Rosherville Properties, Roshcon.

He served as a Director of Eskom Holdings Ltd., since 2004. He holds Bachelor of Accountancy (Honours) from the University of Zimbabwe and is a Chartered Accountant. Mr. Nqwababa received Masters in Business Administration in Finance from the Universities of Manchester and Wales in 1991.