Thomas Kgokolo

Last updated

Thomas Kgokolo
Born1978 (age 4344)
Alma mater University of South Africa
(Bachelor of Computing)
University of Pretoria
(Bachelor of Commerce in Accounting)
Gordon Institute of Business Science
(Master of Business Administration)
South African Institute of Chartered Accountants
(Chartered Accountant of South Africa)
OccupationAccountant, Businessman and Corporate Executive
Years active1996–present
Known forProfessional competence[ citation needed ]
TitleInterim CEO of South African Airways
PredecessorPhilip Saunders

Thomas Kgokolo is a South African chartered accountant, businessman, and corporate executive. He was appointed as the interim CEO of South African Airways, the national airline company of South Africa, effective 13 April 2021. [1] [2]

Contents

Background and education

Kgokolo holds a Bachelor of Computing degree from the University of South Africa (UNISA). He also holds a degree of Bachelor of Commerce in Accounting, awarded by the University of Pretoria. His degree of Master of Business Administration (MBA), was obtained from the Gordon Institute of Business Science. In addition he is a Chartered Accountant of South Africa, recognized by the South African Institute of Chartered Accountants. [3]

Career

Thomas Kgokolo served as the Deputy Chairperson of the Board of Trustees, at the Mineworkers Provident Fund (MWPF), in South Africa. He also serves as the Chairperson of the Audit and Risk Committee (ARC) of the MWPF. In these two roles, he oversees the audit functions of the said fund, including the preparations of its annual financial statements. [3]

Since 2018, he serves as a non-executive director at the Air Traffic Navigation Systems SOC Limited. He also serves on the "Audit Committee, Procurement, Research & Development committees at the same entity". Kgokolo is also a member of the permanent faculty at the Gordon Institute of Business Studies, where he lectures on corporate finance to the students on the MBA program. [3]

In April 2021, he was appointed as CEO at South Africa's national career airline, South African Airways. He is responsible for preparation of the airline to transition from "business rescue proceedings", since December 2019 to "re-entry into the market", according to the airline's board of directors [1] [4]

Related Research Articles

South African Airways Flag-carrier airline of South Africa

South African Airways (SAA) is the flag carrier airline of South Africa. Founded in 1934, the airline is headquartered in Airways Park at O. R. Tambo International Airport in Johannesburg and operated a hub-and-spoke network, linking over 40 local and international destinations across Africa, Asia, Europe, North America, South America, and Oceania. The carrier joined Star Alliance in April 2006, making it the first African carrier to sign with one of the three major airline alliances.

South African Institute of Chartered Accountants

The South African Institute of Chartered Accountants (SAICA), South Africa’s pre-eminent accountancy body, is widely recognised as one of the world’s leading accounting institutes. The institute provides a wide range of support services to more than 48 000 members and associates who are chartered accountants, as well as associate general accountants and accounting technicians.

Gerard Ee Hock Kim is a public figure championing social service rights and issues in Singapore. He is the son of the late Ee Peng Liang, a Singaporean philanthropist and the Father of Charity in Singapore.

Institute of Chartered Accountants of India National professional accounting body in India

The Institute of Chartered Accountants of India (ICAI) is the World's second largest professional accounting body and largest professional accounting body of India under the ownership of Ministry of Corporate Affairs, Government of India. It was established on 1 July 1949 as a statutory body under the Chartered Accountants Act, 1949 enacted by the Parliament for regulating the profession of Chartered Accountancy in India.

Financial Reporting Council Regulator responsible for promoting high quality corporate governance

The Financial Reporting Council (FRC) is an independent regulator in the UK and Ireland, responsible for regulating auditors, accountants and actuaries, and setting the UK's Corporate Governance and Stewardship Codes. The FRC seeks to promote transparency and integrity in business by aiming its work at investors and others who rely on company reports, audits and high-quality risk management.

Airlink is an airline based in Johannesburg, South Africa. Its main business is to provide services between smaller, under-served towns and larger hub airports. It has since expanded to offer flights on larger, mainline routes. The airline has an ever-expanding network of over 60 routes across 50+ destinations. In January 2021, it became the second-largest carrier within Africa by number of flights, and third-largest by number of seats.

Caroline Wanjiku Mugane is an attorney and investment banker in Kenya, the largest economy in the East African Community. She is the managing director of Fedha Connect Limited, a company that raises capital for businesses in agribusiness, real estate, oil and gas. She is a member of the board of directors of Kenya Airways, the national airline. She has previously served on the boards of Equity Bank, East African Breweries, and Standard Securities.

Flitestar was a South African commercial airline that operated from 1991 to 1994.

Gordon Institute of Business Science South African business school

Gordon Institute of Business Science is a business school in South Africa and an affiliate of the University of Pretoria. It is located in the heart of Illovo, Johannesburg, close to the Sandton financial and commercial business hub. GIBS is accredited by the Council on Higher Education (CHE) and internationally by Association of MBAs (AMBA).

Mizinga Melu, is a Zambian businesswoman, accountant, and bank executive. She is the current chief executive officer, of Absa Bank Zambia Plc, effective February 2017, based in Lusaka, the capital and largest city in the country.

Duduzile "Dudu" Cynthia Myeni is a South African businesswoman, a former chairperson of South African Airways SOC Limited, and former executive chairperson of the Jacob G Zuma Foundation since September 2008.

CPA Canada

Chartered Professional Accountants of Canada is the national organization representing the Canadian accounting profession through the unification of the three largest accounting organizations: the Canadian Institute of Chartered Accountants (CICA), the Society of Management Accountants of Canada and Certified General Accountants of Canada (CGA-Canada), as well as the 40 national and provincial accounting bodies. It is one of the largest organizations of its type in the world, with over 217,000 Chartered Professional Accountants in Canada and around the world.

Sen. Binos DaudaYaroe is the senator representing Adamawa South Senatorial District of Adamawa State at the Nigerian 9th National Assembly.

Mumba Kalifungwa, is a Zambian accountant and corporate executive, who is the managing director and chief executive officer of Absa Bank Uganda Limited, a commercial bank in Uganda, whose assets were valued at US$665 million in December 2017. He took up this assignment on 1 April 2020.

Melanie Janine Kanaka, also known as Melanie Kanaka, is a Sri Lankan management accounting professional and business personality. She is the current Global Vice President of the Chartered Institute of Management Accountants and also serves as the current head of Finance and Administration at the World Bank in Sri Lanka and the Maldives.

Sitholizwe Mdlalose is a Zimbabwean accountant and corporate executive who was appointed as chief executive officer of Vodacom Tanzania, effective August 2021. Before that, he was the director of finance at Vodacom South Africa, between 2017 and August 2021.

Jason Quinn is the chief executive officer (CEO) in acting capacity, of Absa Group Limited, a financial services conglomerate, with headquarters in Johannesburg, South Africa, and subsidiaries in eleven sub-Saharan countries. Prior to his current assignment, Jason was the chief financial officer of Absa Group Limited. In addition, he has been a member of the board of directors of the financial services conglomerate, since September 2016.

Anne Muraya is a Kenyan accountant, businesswoman, and corporate executive who was appointed as the chief executive officer of Deloitte East Africa, effective 1 June 2022. Up until then, she serves as the Africa Managing Partner for Responsible Business and Public Policy at Deloitte. She concurrently works as the audit leader for East Africa. In her new position, Muraya will oversee the company's business in eight countries, namely: Burundi, Ethiopia, Kenya, Rwanda, Somalia, South Sudan, Tanzania and Uganda. She will be the first female executive to serve in that position, in the history of the firm.

Risper Alaro is an accountant, businesswoman and corporate executive in Kenya. In March 2022, she was appointed as the group finance director at Centum Investments, a publicly-traded private equity company in Kenya. The shares of stock of Centum Investments trade on both the Nairobi Stock Exchange and on the Uganda Securities Exchange. Alaro is expected to take up her new appointment on 15 March 2022.

Arrie Rautenbach is the chief executive officer (CEO), of Absa Group Limited, a financial services conglomerate, with headquarters in Johannesburg, South Africa, and subsidiaries in eleven sub-Saharan countries. Prior to his current assignment, Rautenbach was the head of the bank group's retail and business banking (RBB) unit. He takes over from Jason Quinn, who was the interim CEO of Absa Group from April 2021 to March 2022. Jason Quinn resumed his role as Absa Group's Financial Director. Rautenbach's tenure as Group CEO of Absa Group started on 29 March 2022.

References

  1. 1 2 Eddie Saunders (16 April 2021). "South African Airways appoints Thomas Kgokolo new interim CEO". London, United Kingdom: Airlinergs.com. Retrieved 17 April 2021.
  2. Carol Paton (14 April 2021). "SAA appoints Thomas Kgokolo as interim CEO". Business Day (South Africa) . Parktown, Johannesburg, South Africa. Retrieved 17 April 2021.
  3. 1 2 3 "Thomas Kgokolo: Biography". Johannesburg: Gordon Institute of Business Science (GIBS). 1 April 2021. Retrieved 17 April 2021.
  4. Ray White (15 April 2021). "New SAA CEO Thomas Kgokolo Expected To Hit The Ground Running". Johannesburg: Eye Witness News. Retrieved 17 April 2021.