Amplats CFO Bongani Nqwababa jumps ship

[] – BONGANI Nqwababa, CFO of Anglo American Platinum (Amplats), is to join petrochemicals company, Sasol, from March 1 replacing its CFO Christine Ramon who announced in July she would join AngloGold Ashanti.

Nqwababa, who has been at Amplats for six years, had “… worked tirelessly during a tumultuous period for the platinum industry,” said Chris Griffith, CEO of Amplats. The move was described as Nqwababa pursuing “… personal career growth”.

Nqwababa has been an independent non-executive director and a member of Sasol’s Audit Committee since 5 December 2013 – a role that he will now relinquish as the CFO designate of the company.

“We are delighted that he has agreed to make the shift from being one of our non-executive board members to fulfilling a key role on the management team of the company,” said Sasol CEO, David Constable.

Nqwababa is a former finance director of Eskom Holdings and CFO of Shell Southern Africa.