South African Airways (SAA) has announced the appointment of Ms Phumeza Nhantsi (39) as its new Chief Financial Officer (CFO). The appointment took effect from 1 May 2017.

Ms. Nhantsi was appointed as SAA’s Interim CFO in November 2015 after the position was left vacant following the departure of Mr. Wolf Meyer.

The appointment followed a rigorous recruitment and selection process before a recommendation was made to the Shareholder for concurrence.

Prior to joining SAA, Ms Nhantsi was a Director at SizweNtsalubaGobodo (SNG), the fifth-largest accounting firm in Southern Africa and the largest black-owned and managed firm. She was temporarily seconded from SizweNtsalubaGobodo to SAA.

Ms Nhantsi, who is a Chartered Accountant, has extensive experience in the financial services and aviation arena.