HULAMIN announced that the current chief financial officer of the company, Meganathan (Mark) Gounder, has been appointed as the chief executive officer of Hulamin with effect from December 1, 2023.
Gounder will replace Geoff Watson, who was previously an independent non-executive director and was appointed as the interim CEO on October 1, 2022. Watson will return to the role of non-executive director with effect from December 1, 2023.
According to Hulamin, Gounder joined the company on April 1, 2021, as the CFO. During his tenure as CFO, he has developed a deep understanding of Hulamin and has been instrumental in leading several key strategic projects, including successfully implementing an enterprise-wide transformation journey focused on streamlining processes and driving efficiencies across the entire business. His extensive background and wealth of experience make him an excellent fit for the CEO role. The Board is pleased to appoint a strong internal candidate as the CEO and looks forward to Gounder’s continued contribution to Hulamin.
Pravashni Nirghin, currently the company’s head of financial reporting, will take over as the interim CFO from December 1, 2023.
Hulamin said that Nirghin is an experienced CA(SA) finance professional with over 17 years of experience. She joined Hulamin in 2022 from Vodacom, where she held various key finance positions. She is skilled in managing overall finance functions, group and statutory financial reporting, financial planning and achieving strategic business objectives in an effective manner.
The board expressed its appreciation to Watson for his contribution to the company during his tenure as interim CEO and said that the nomination committee would be starting the process of appointing a permanent CFO.
