Tiger Brands appoints new Chief Financial Officer

Johannesburg / ZA. (tbl) The Board of Tiger Brands Limited, the manufacturer of leading consumer branded products in South Africa, announced the appointment of Noel Doyle, who takes over from Funke Ighodaro as the new Chief Financial Officer (CFO) of the company. Noel, who is currently the Group’s Chief Operating Officer, will assume his new duties on 01 August 2016. According to Lawrence Mac Dougall, the CEO of Tiger Brands, «Noel’s in-depth knowledge and experience will contribute to delivering a step change in the company’s key strategic drivers, such as profitable growth, efficiency and cost containment. He has both a financial and business mind-set, which will help Tiger build on its current results and its future success». Noel has been the Chief Operating Officer since July 2015. He has also occupied the position of Business Executive of the Grains and Milling Division, and previously served as Chief Financial Officer. «Being an internal candidate, Noel, brings the added benefit of institutional memory in terms of operational and financial experience. This will contribute to business continuity and the stability we have maintained over the last six months. «We wish to thank Funke for her valuable contribution and commitment over the past five years». The company is reviewing the COO role and will communicate in due course.