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PetroSA parts ways with Group CFO


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Old 12-15-2015, 08:55 AM   #1
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Sa PetroSA parts ways with Group CFO

Pretoria - PetroSA and its Group Chief Financial Officer (CFO) Lindiwe Mthimunye Bakoro have agreed to part ways, says the national oil company.

“PetroSA has lifted the suspension of its Group Chief Financial Officer (CFO), Ms Lindiwe Mthimunye Bakoro, and the parties have reached an agreement to terminate her employment as the Group CFO with effect from 30 November 2015 on mutually acceptable and amicable terms,” said PetroSA on Saturday.

The terms of the agreement are confidential, said PetroSA.

Mthimunye-Bakoro and another senior executive were placed on suspension in June.

“PetroSA would like to thank Ms Mthimunye Bakoro for her contribution and wishes her all of the best in her future endeavours,” it said. – SAnews.gov.za
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