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Cell C appoints new CFO

Wednesday, 31 August 2022

Cell C announced the appointment of Lerato Pule as the company's new Chief Financial Officer. Pule will take over from Zaf Mahomed, current Cell C CFO.

As the recapitalisation is almost complete, Zaf Mahomed will move on to new business opportunities.

Douglas Craigie Stevenson, Cell C CEO says, "Over the last three years Zaf Mahomed assisted us in successfully navigating a complex transaction to de-leverage the balance sheet as part of our turnaround strategy."

"We thank Zaf for his contribution during a very critical phase of Cell C's journey and wish him all the best as he pursues new opportunities. He is ready for his next challenge," says Craigie Stevenson.

Zaf Mahomed, outgoing Cell C CFO expressed his thanks to the Cell C Board, Douglas, Cell C Exco and other stakeholders.

Pule joined the leadership team earlier this year to ensure a smooth handover and will play an important role as Cell C evolves to chart a new course to become a digital lifestyle company. Prior to joining Cell C, Pule held the position of Chief Financial Officer for Telkom's SME segment.

She is a qualified Chartered Accountant with a BCom Honours in Accounting and over 16 years' experience in Financial and Business Management at an operational and strategic level in various organisations. Pule commences with her role as Chief Financial Officer on September 1, 2022.



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