SAA CEO will be announced by end of July, vows Malusi Gigaba
The appointment of a new CEO for South African Airways (SAA) will be finalised at the next Cabinet meeting and announced by the end of July, Finance Minister Malusi Gigaba said on Thursday. The appointee would need to have "good turnaround capabilities", said Gigaba, who nonetheless admitted that there had been multiples turnaround strategies at SAA and that public resources could no longer finance inefficiency. In June Bloomberg reported that SAA had identified Vodacom Group executive Vuyani Jarana as the leading candidate to become the state-owned carrier’s first permanent CEO since November 2015. Jarana has been head of Vodacom’s enterprise division since 2012 and previously was the wireless operator’s chief operating officer. He was the preferred choice of a number of members who had been appointed to the SAA board by the Treasury in 2016, according to Bloomberg. Chairwoman Dudu Myeni, who also heads President Jacob Zuma’s charitable foundation, reportedly prefers a different ca...
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