Oct 09, 2018: Deon Fredericks, Telkom’s chief investment officer has been appointed as the new interim chief financial officer (CFO) of South African Airways (SAA) with effective October 15, 2018.

He will take over from Robert Head whose contract with SAA ended on September 30. He will be on secondment from Telkom for 12 months, during which time SAA will initiate and finalise the recruitment process for the appointment of its permanent CFO.

“We welcome the appointment of Fredericks to ensure that SAA’s strategic objective of transforming the business into a financially sustainable aviation group is achieved,” stated SAA JB Magwaza, board chairperson.

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