Home People Vodacom appoints Raisibe Morathi as Group CFO

Vodacom appoints Raisibe Morathi as Group CFO

by Val Lukhanyu
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Vodacom group has today appointed Raisibe Norathi as its new Group Financial Officer (CFO) following the resinition of the Group’s acting CFO Till Streichert in June.

Marathi’s appointment will be effective from 1st November 2020 where she will also be appointed to the board as an executive director. Prior to her appointment, Raisibe was the Group CFO of the Nedbank Group since 2009.

“As one of the most experienced and one of very few African black female CFOs of a listed company in South Africa, Raisibe’s appointment underscores Vodacom’s commitment to driving diversity across the workplace,” the telecommunications group said in a statement on Tuesday.

“Given Vodacom Group’s leadership position as a mobile money provider in Africa and our accelerated growth ambitions beyond traditional telco services, Raisibe’s extensive financial services experience makes her an excellent addition to the Vodacom Group board and executive committee,” said CEO Shameel Joosub. 

Raisibe is a chartered accountant and has completed an Advanced Management Programme with Insead (France). Her other qualifications include a higher diploma in taxation from Wits University and she is completing a master’s in philosophy (corporate strategy) at Gibs.

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