New Chief Financial Officer for Vodacom

South Africa based Vodacom has announced that Mr Rob Shuter is to take over as Chief Financial Officer of the Group and director of the Board with effect from 1 July 2009. He replaces Mr Johan van der Watt, who has been the acting Chief Financial Officer since Leon Crouse resigned last year.

Rob is a Chartered Accountant with over 17 years senior financial experience. He spent 9 years with the Nedbank Group holding various director positions, latterly as Managing Director of Nedbank Retail. He was formerly the Chief Operating Officer of Computer Configurations Holdings and Head of Investment Banking at Standard Corporate & Merchant bank. In addition to core financial functions, Rob will also assume responsibility for company secretarial, investor relations, internal audit and business development.

Mr Pieter Uys, Chief Executive Officer of Vodacom Group in welcoming Rob to Vodacom said "I am delighted we have appointed Rob to the position of Chief Financial Officer at this important time in the history of the Vodacom Group. A company the size of Vodacom Group demands an experienced and effective strategic finance executive such as Rob."

Vodacom listed on the Johannesburg stock exchange last month following a deal for Vodafone to increase its holding to 65%, while fellow shareholder, Telkom divested its stake to a stock market listing.

Posted to the site on 14th June 2009