Africa Business Communities

[INTERVIEW] Anoj Singh – CFO Transnet: “The CFO is playing the role of Chief Strategy Officer”

Transnet is the largest and most crucial part of the freight logistics chain that delivers goods to each and every South African. The company is fully owned by the South African government but operates as a corporate entity aimed at both supporting and contributing to the country’s freight logistics network. It aims at developing South African industry, reducing the cost of doing business, while at the same time operating efficiently and profitably. Transnet employs 60,000 people and had a yearly turnover (for the financial year to March 31 2012) of R45 billion.

Anoj Singh joined Transnet in 2003 as a Senior Financial Manager at Transnet Freight Rail – the company’s biggest division – before moving on to become General Manager Group Reporting. He has been Acting Chief Financial Officer of Transnet since 2009 and was officially appointed Chief Financial Officer in July 2012.

Anoj is a Chartered Accountant by profession. He holds a Bachelor of Accountancy degree and a Post Graduate Diploma in Accounting from the University of Durban Westville – now University of KwaZulu-Natal. Before joining Transnet, he worked for food retail group Spar and auditing firm Deloitte & Touche where he was accountant in charge of some of the firm’s biggest accounts, including Tongaat Hulett, Sappi, and McCarthy Motor Holdings.

What do you enjoy most about your job and why?

"It is exciting to be at the forefront of strategic planning and generation of ideas that can improve the company’s operational performance as well as its role as an enabler of our country’s economic growth. Crucially, I believe that Transnet, with its new seven-year plan, is by far the most exciting place to be...

Click here to read the complete interview on cfo.co.za

cfo.co.za

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