Tag: CFO

What is going on at Vodacom?

One of South Africa’s biggest telcos has suffered two major resignations in just four days.

Vodacom CFO Till Streichert has resigned shortly after the company announced that its CTO Andries Delport would be leaving.

Vodacom confirmed Streichert’s resignation this morning, saying he will leave the company in June 2020 “to pursue an external opportunity outside of Vodacom”.

Streichert was appointed as the chief financial officer and an executive director of Vodacom Group in August 2015 after working as the finance director at Vodacom SA from February 2014. He was also appointed as a non-executive director of Vodacom Tanzania, Vodafone Kenya, and Safaricom in August 2017.

Delport resigned after 23 years with Vodacom, where he helped lead the network to be what it is today.

Delport’s resignation comes at a time when Vodacom is preparing for 5G and transitioning from a mobile network operator to an Internet of Things technology group. He was integral in helping to set up the first commercial 5G network in Africa in Lesotho. Lesotho launched 5G before South Africa, which has been restricted by a lack of spectrum. Only newcomer rain has launched a 5G offering in South Africa.

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My Office News Ⓒ 2017 - Designed by A Collective


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