Transnet names interim group CFO

Mohammed Mahomedy has been appointed Transnet’s interim group chief financial officer, Minister of Public Enterprises, Pravin Gordhan, announced yesterday. 

His appointment was effective yesterday.

Mohamedy is a chartered accountant and, over his 12 years of service at Transnet, has led key strategic portfolios within finance. He was previously general manager finance at Transnet Group Capital.

He will formulate and lead all aspects of the company’s financial strategy, including overseeing funding, capital investment programmes, managing procurement, financial risks and adherence to the highest standards of governance and internal controls.

His appointment follows the resignation last month of Garry Pita.

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