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Deloitte Africa Makes History As It Appoints First Female CEO And Board Chair

Deloitte Africa has made history as it announces Ruwayda Redfearn as the incoming CEO, succeeding Lwazi Bam whose term ends on 31 May 2022; equally announces Delia Ndlovu’s appointment as the Chair of the Deloitte Africa Board, effective 1 December 2021.

Ruwayda Redfearn is the first female CEO for Deloitte Africa and its fourth consecutive black CEO. The appointment of two females for the CEO and Chair roles marks an historic moment for the firm. 

First female CEO for Deloitte Africa

Redfearn started her career as a trainee at the Deloitte Durban office in 1997. She was later seconded to the New York office, returned to Durban and made partner in 2004 before being appointed to lead the audit practice of the KwaZulu-Natal region in 2010. Over the years, she’s held several positions in the firm and on the Deloitte Africa board. She also served as the CFO of Grindrod Trading for two years but returned to Deloitte after that.

In accepting the position, Redfearn says, “I am honoured to be appointed to this role and excited to be part of yet another first in the history of Deloitte Africa. I am enthused about being in a position to be at the forefront of change in our profession, the services we provide and the clients we serve.”

“I look forward to working with our people and clients to address the increasingly complex challenges society faces—including, social inequity, climate change, and economic inequality”, she said.

First female Board chairperson

The firm’s board will also be led by a woman, a development that marks a historic moment for Deloitte Africa.

The company announced that Delia Ndlovu will become the chair of the Board on 1 December 2021.

Delia Ndlovu, the incoming Africa Board Chair has enjoyed a remarkable career with Deloitte. She was appointed a Director in the Tax & Legal division of the firm in June 2004 and has occupied numerous leadership roles over her tenure including her latest position as Africa Tax & Legal Managing Director and a member of the Deloitte Africa Executive Committee.

In 2010 she relocated to Deloitte UK where she gained invaluable experience providing solutions to multinationals managing large mobility programmes. In January 2013, Delia returned to South Africa to take up a leading Tax role where she assisted many multinational companies expanding into the rest of Africa.

Ndlovu says, “I am honoured by this appointment. The increasing importance of governance in business, coupled with our critical role as a public interest professional services firm requires that we lead by example on matters of governance. I look forward to continuing to strengthen our corporate governance framework and to lead the Deloitte Africa Board as it responds to various challenges including Environmental, Social and Governance (ESG).”

“I believe both appointments bring the very best of Deloitte’s talent and capabilities for our people, our clients and the communities within which we operate. I have complete faith that our firm will continue to realise its purpose of ‘making an impact that matters’ under their leadership,” said, the current Deloitte Africa CEO, Lwazi Bam.

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