CTICC Appoints New Chief Financial Officer
Event Africa Contributor 24/10/2018 Industry News
The Cape Town International Convention Centre is delighted to announce the appointment of Wayne De Wet as its new Chief Financial Officer (CFO).
Wayne is a qualified Chartered Accountant and holds a Bachelor of Accounting Science Degree and Honours in Accounting Science. Wayne is responsible for, amongst other duties, developing and implementing the CTICC’s financial strategies, strategic leadership of finance and supply chain management, and growth and resource management within the Finance department.
“We are very pleased to have someone of Wayne’s calibre join our dynamic team. Wayne comes with a wealth of experience and knowledge having worked in the tourism and hospitality sectors, as well as several state entities and the private sector. He also comes at an exciting time in the development of the CTICC with the addition of CTICC 2 and we know that his expertise, experience and leadership will help steer the company in an even more positive direction. I look forward to working with Wayne to strengthen the CTICC,” said Julie-May Ellingson, Chief Executive Officer at the CTICC.
Prior to taking up the position of CFO at the CTICC, De Wet held positions at Cape Town Tourism (Chief Financial Officer); Sun International Management Ltd (Commercial Manager); Johannesburg Water (Senior Manager – Finance); PrincewaterhouseCoopers (Senior Manager – Public Sector); National Treasury (Director – National & Provincial GRAP Implementation); City of Cape Town (Chief Accountant); Rothmans International (Group Treasurer and Management Accountant); and Friedberg, Miller, Gruft & Company CA (SA) (various positions including Audit Manager and Professional Associate).
What prompted his move to the CTICC? “I was seeking a new challenge to grow and expand my experience. Being in finance allows me to work across many sectors applying similar principles. So far my experience in the hospitality sector allowed me to be more involved in the various areas of operations and not purely limited to finance.”
De Wet, born and bred in Cape Town, leads a team of 17 in the Finance and Supply Chain Management department and says it is important for him to “understand each staff members’ strengths and areas of development, using this as a basis to empower and grow”.
He believes in facing challenges head-on is driven by results, and believes that before implementing any new changes you must observe your new environment first.
“I am results-driven, pay attention to detail, enjoy empowering people, analytical and able to make quick decisions when required. Understanding the environment, getting to know the culture inherent across the organisation and completing the year-end audit are amongst the first things I will look at,” says De Wet.
With every new position comes new challenges and problem-solving is no stranger to De Wet. “I gather as much information on the issue, then analyse and consult allowing me to make a decision using my experience and knowledge,” he adds.
De Wet is married and a father of two. When he is not in office, he enjoys golfing, social sports, skydiving, reading and travelling. He also sits on the Board of Trustees of a local Waldorf school, lists Albert Einstein as the person he most admires, and his parents as the biggest influence on his working life. “They always stood by me early on in my career and allowed me to carve out my own path with their full support.”