Gijima has filled the long-vacant chief financial officer post at the listed IT services company. Ernst Röth will replace Carlos Ferreira, who resigned last July. Liesl Tweedie had been standing in in the position in an acting capacity.
Röth has also been named to the board of the financially troubled company. For the past seven years, Röth has been chief financial officer at Mvelaphanda Group and Mvelaserve, both of which are listed on the JSE. He spent four years at Mvelaphanda and a further three at Mvelaserve.
A chartered accountant, Röth has also worked for Mvelaphanda Holdings as finance chief (between 2003-2007), Boland Bank and the auditor-general. He has also managed his own auditing firm.
He has a postgraduate certificate in advanced taxation.
Tweedie will step down from the board as acting chief financial officer at the end of the month but will continue until the end of April to ensure a smooth transition, Gijima said in a statement to its shareholders. She will remain on in a consulting capacity to work with Röth on Gijima’s turnaround strategy.
Gijima executive chairman Robert Gumede said the company will make an announcement on a new sales director soon. — (c) 2014 NewsCentral Media