New finance officer at CTICC

Wayne de Wet, chief financial officer at the CTICC.

The Cape Town International Convention Centre (CTICC) has announced the appointment of Wayne de Wet as its new chief financial officer (CFO).

Mr De Wet is a qualified chartered accountant and holds a Bachelor of Accounting Science degree and Honours in accounting science.

He is responsible for, among 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.

The CTICC CEO, Julie-May Ellingson, said: “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.”

Prior to taking up the position of CFO at the CTICC, Mr De Wet was chief financial officer at Cape Town Tourism, commercial manager at Sun International Management; senior manager of finance at Johannesburg Water; senior manager at PricewaterhouseCoopers; director of national and provincial GRAP implementation in the National Treasury; chief accountant at the City of Cape Town; group treasurer and management accountant at Rothmans International; and held various positions at Friedberg, Miller, Gruft & Company.

Mr De Wet said he decided to take up the position at the CTICC because he was seeking a new challenge to grow and expand his 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.”

Mr De Wet leads a team of 17 in the finance and supply chain management department at the CTICC 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”.

“I believe in facing challenges head-on and believe 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.”

With every new position comes new challenges and problem-solving is no stranger to Mr 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.”

Mr 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.”