04 September 2020
Vodacom Group has named Raisibe Morathi as its new chief financial officer (CFO), effective 1 November 2020, when she will also be appointed to the board.
The operator said as one of the most experienced and one of very few African black female CFOs of a listed company in South Africa, Morathi’s appointment “underscores Vodacom’s commitment to driving diversity across the workplace.”
Morathi has acquired 26 years of experience, including 20 years in executive roles at institutions such as Industrial Development Corporation, Sanlam and Nedbank.
She succeeds Till Streichert following his departure in June 2020 and the interim appointment of Sitho Mdlalose as group CFO.
Shameel Joosub, CEO of Vodacom Group, said: “I am delighted to welcome Raisibe to the Vodacom Group, where she will drive and continue to modernise our finance operations as we position ourselves as a leading pan-African technology company.”