TFG appoints Bongiwe Ntuli as chief financial officer
Ntuli leaves Grindrod Freight Services to take up the role in September, when Anthony Thunström become CEO of TFG
Fashion retailer TFG has poached the CEO of Grindrod Freight Services, Bongiwe Ntuli, to fill the role of finance chief. TFG said previously that Anthony Thunström, the current CFO, would move into the CEO role on September 3. Current CEO Doug Murray will step down at that time after almost 11 years in the job. The owner of the Markham and Foschini brands said on Wednesday that Ntuli would take over from Thunström and would become an executive director of the group with effect from January 14. "The appointment follows an extensive internal and external executive search," TFG said. Ntuli, a chartered accountant who has also completed the advanced management programme at Harvard Business School in the US, has worked in the freight and logistics, mining and financial services sectors, in New York, Canada, the UK and SA. In addition to her role as CEO of Grindrod Freight Services, Ntuli has been an executive director of the broader JSE-listed Grindrod group for four years. She has serve...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.