Acsa to replace Bongani Maseko
Bongiwe Mbomvu has been appointed acting CEO and replaces Bongani Maseko, who has been named in several forensic investigations for alleged misconduct
SA’s state-owned airports company Acsa is finally replacing CEO Bongani Maseko, who has survived several attempts to remove him from the role.
He is being replaced by Bongiwe Mbomvu in an acting capacity. She is group executive of governance and assurance at Acsa. Her expertise includes corporate governance, risk, compliance and governance of ethics, Acsa said on Thursday.
Maseko, who has served at Acsa for 18 years, has been named in several forensic investigations for alleged misconduct and figured prominently in long-standing concerns over corporate governance at the airports operator, as expressed in a memorandum sent to the board by transport minister Blade Nzimande.
Forensic investigators have enumerated a range of irregularities, including corruption, dereliction of duty and violations of the Public Finance Management Act allegedly committed by Maseko and others.
Acsa group’s former legal counsel, Bonginkosi Mfusi, has sought a court order to compel the company to provide reasons for not having suspended and disciplined Maseko, and the board members comprising the audit and risk committee have called on Nzimande to take urgent action to advance the charges against Maseko.
Staff members have also demanded that Maseko’s conduct is investigated.
Acsa has consistently declined to comment on the allegations, but in October, the board asked Nzimande, as Acsa’s shareholder representative, to endorse its termination of CEO Maseko’s tenure. Maseko’s contractual term ends on Friday.
Acsa is now in a process of recruiting a permanent replacement for Maseko, it said.