Premium content from before 2023 is now available for everyone!
  1. Questions and Replies
  2. National Assembly
  3. Finance Standing Committee
  4. Minister of Finance Standing Committee

Question NW920 to the Minister of Finance

Share this page:

05 May 2017 - NW920

Profile picture: Krumbock, Mr GR

Krumbock, Mr GR to ask the Minister of Finance

(1)Whether there is any position of (a) Chief Executive Officer, (b) Chief Financial Officer and/or (c) Chief Operating Officer that is currently vacant in each entity reporting to him; if so, (i) how long has each specified position been vacant and (ii) what is the reason for each vacancy; (2) Have the vacancies been advertised; if so, (a) were interviews done and (b) on what date will the vacancies be filled; (3) (a) what is the total number of persons who are currently employed in the specified positions that are in an acting capacity, (b) for what period has each person been acting in each position and (c) has any of the specified persons applied for the positions?

Reply:

Name of the entity

Question 1

Question 2

Question 3

SASRIA

There is a vacancy for the Financial Director:

(i) The position was vacant from 01 December 2016.

(ii) It was due to resignation.

Vacancy was advertised:

(a) interviews conducted.

(b) to be filled by end of May 2017.

(a) One person is acting in the role. (b) Acting in the position from 01 December 2016.

(c) Yes, the Acting person has applied.

SOUTH AFRICAN AIRWAYS (SAA)

The positions of Chief Executive Officer (CEO), Chief Financial Officer (CFO) are vacant at SAA. However, these positions are currently occupied by interim incumbents where the CEO is acting and the CFO is on secondment.

(i) The position of the CEO has been vacant since 01 May 2015 whilst the position of the CFO has been vacant since 01 December 2015. The position of a COO does not exist in the current structure. (iii)The reason for the vacancies is due to resignation.

Both the positions of CEO and the CFO have been advertised, the interviews for the CFO position have been concluded and a successful candidate was approved by the Board. A discussion with the shareholders in this regard is awaited. Regarding the CEO position the first round of interviews and shortlisting has been concluded. The final round of interviews will start in due course, where after a discussion with the shareholders will be sought.

(a) There are two incumbents acting, one in each position.

(b) The current Acting CEO started in this position in November 2015 and the interim CFO started in December 2015.

(c) The interim CFO has applied for the position she is currently acting in.

GOVERNMENT TECHNICAL ADVISORY CENTRE

(GTAC)

None.

Not applicable.
  1. One person is acting as a head of GTAC.
  1. (b) 2 months and 2 weeks (Since February 2017);
  1. The position was advertised in April 2017.

FINANCIAL FISCAL COMMISSION

(FFC)

(a) The position of Chief Executive Officer (CEO) is currently vacant.

(i) Vacant since 01 September 2016.

(ii) The term of the CEO came to an end on 31 August 2016.

The vacancy for a CEO has been advertised.

  1. The interviews have not yet been done.
  1. The recruitment process for the CEO is currently underway and it is anticipated that this will be filled by the 01 June 2017.
  1. There is one person employed in an acting capacity namely the CEO.
  1. The Acting CEO was appointed on 12 September 2016.
  1. The Acting CEO has not applied for the position of the CEO.

GOVERNMENT PENSION ADMINISTRATION AGENCY

(GPAA)

CFO position is vacant

(i) Vacant since 01 October 2014.

(ii) Delays in the appointment process.

Chief Operations Officer (COO).

(i) Vacant since 01 April 2014.

(ii) Delays in the appointment process

The vacancy of CFO was advertised.

  1. Yes, interviews were conducted.
  1. It is uncertain when this position will be filled. The process will be communicated with the new Minister of Finance.

The vacancy was advertised:

  1. Yes, interviews were conducted. There were no suitable candidates.

(ii) It is uncertain when this position will be filled. The process will be communicated with the new Minister of Finance.
  1. 2 people (One internal person and the other from the National Treasury)
  1. National Treasury person: 1 year.
  • GPAA person: 2 years. Total 3 years.
  1. They have not applied for the position.
  1. 1 person;
  1. 3 years

The person has applied for the position.

Cooperative Banks Development Agency

Currently there is no post for a chief financial officer and chief operating officer in the organisation structure as the organisation only started operating in the 2010/11 financial year. The post of chief financial officer was recently established and will be funded in the 2018/19 financial year.

Not applicable

Not applicable

Financial Services Board

There is currently:

(i) One vacancy of Chief Operations Officer

(ii) Since October 2016.

(iii) When the position was created.

The position has not been advertised as the entity is going through a transitional stage to change its current structure and mandate in terms of the Financial Sector Regulation Bill, 2015.

(a) One person is acting in the position.

(b) Since October 2016.

Financial Intelligence Centre

No vacancy in respect of

(a) and (b).

There is no position of (c) chief operations officer on the structure of the entity.

Not applicable

Not applicable

Source file

What's wrong with this page?