Health-care group Ascendis, which is battling a debt pile of more than 20 times its R294m market capitalisation, has appointed Cheryl-Jane Kujenga as its new CFO with effect from December.

Kujenga has held various positions at a number of private and listed companies in SA, and was a partner at Ernst & Young from 2008 to 2017, before becoming CFO at Adcorp. She led Adcorp through a balance sheet restructuring process and later served as interim CEO from October 2019 to May 2020, Ascendis said...