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Wed Jun 19 15:47:54 SAST 2013

Transnet's Singh is top money man

Sapa | 26 June, 2012 00:10
Anoj Singh: Chief Financial Officer at Transnet, at the Transnet Results Presentation.
Image by: Robert Tshabalala

Anoj Singh has been appointed chief financial officer of Transnet, the state-owned transport and logistics company announced yesterday.

He has been acting chief financial officer since 2009.

Singh will work with CEO Brian Molefe as an executive director of Transnet, Molefe said.

Singh joined the company in 2003 as a senior financial manager at Freight Rail, Transnet's largest division.

In his role as Transnet's chief financial officer, Singh will continue to lead all aspects of the company's financial strategy, manage financial risk, and oversee funding and capital investment programmes.

"He will also be responsible for procurement, which includes Transnet supplier development and broad-based black economic empowerment," Molefe said.

Singh has a bachelor of accountancy degree and a post-graduate diploma in accounting from the University of KwaZulu-Natal.

Transnet is planning to invest R300- billion in infrastructure over the next seven years.

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