Former SAB Miller exec appointed non-executive chairman of SCAD
BUSINESS| June 19, 2012, 11:17 a.m.
Ron Stringfellow, a former executive director of SAB Miller PLC who headed up the Southern Sun/Tsogo Sun group for 16 years, has been appointed non-executive chairman of Swift Channel Application Development (SCAD), a Johannesburg-based software development company.
SCAD operates throughout Africa, primarily in the financial services field with clients such as Barclays Africa. The company also provides solutions to De Beers in Botswana and has recently appointed an agent in Zimbabwe.
Announcing the appointment, SCAD chief executive officer Andy Fensham said Stringfellow’s appointment is designed to help position the company as a leading provider of business solutions in both the local and international markets.
“Although SCAD Software is a relatively new company, we have developed a unique design and development methodology that enables us to guarantee the delivery of very specific business solutions and applications to exacting client requirements in a fraction of the time that it takes to design and develop similar applications using conventional tools.
“Our methodology provides a framework that could revolutionise the software industry and in order to take advantage of this opportunity it was necessary to appoint an experienced business strategist to the board to play a key role in our future,” said Fensham.
“We are extremely fortunate to have attracted the commitment of an executive of Ron’s calibre. However, before agreeing to the appointment he conducted an independent assessment of our product offering and I am pleased to say that he is so confident in the future of our company that not only has he accepted the appointment as chairman, but he has become a significant shareholder in the company,” he said.
Stringfellow, who lived in France and the United States for five years after retiring from the SAB Group in 2006, returned to live in South Africa earlier this year to pursue personal business interests.
Stringfellow said that while he is the first to admit that he is no IT expert, it didn’t take him long to confirm that SCAD’s unique framework and development methodology provides an exciting and potentially lucrative business opportunity.
“SCAD has developed something quite unique in the software industry and I intend to add strategic direction to help position the company as a global player in the foreseeable future. It is very exciting to get in on the ground floor and help the company realise its full potential,” he said.
Stringfellow, who qualified as a chartered accountant with Deloittes in Zimbabwe after completing a Bachelor of Commerce degree at the University of Natal Durban in 1971, enjoyed a distinguished 25-year career in the SAB Miller Group before his retirement in 2006.
During his career in the SAB group in Zimbabwe he was CFO of Delta Corporation, executive chairman of Delta’s retail operations and of CEO Zimbabwe Sun, Delta’s hotel and casino subsidiary.
In 1990 he was transferred by SAB to South Africa to take control of Southern Sun Hotels and to take responsibility for Southern Sun’s entry into the casino industry with the formation of Tsogo Sun, a group that today encompasses 14 casinos and over 90 hotels.
MORE BUSINESS NEWS
Riverbed to be acquired by Thoma Bravo in $3.6bn dealRiverbed Technology has entered into a definitive agreement to be acquired by leading private equity investment firm Thoma Bravo, LLC and Teachers’ Private Capital, the private investor department of Ontario Teachers’ Pension Plan. Read More
Egyptian revival spurs MEA PC market growthThe PC market in the Middle East and Africa (MEA) region grew 2.1 per cent year-on-year in the third quarter of 2014, according to the International Data Corporation (IDC), spurred by the revival of the Egyptian market and two significant education deals in Pakistan. Read More
ICT set to shape Africa's economic landscape in 2015With public cloud in emerging African countries set to grow at a compound annual growth rate of up to 84% over the coming five years, the year 2015 heralds the beginning of a new era for ICT adoption across the continent, says IDC. Read More
88mph and Microsoft Ventures partner to support startups in NigeriaMicrosoft, in partnership with 88mph, has announced the expansion of the Microsoft Ventures program into Nigeria. Read More
Riverbed names new senior VP of Sales in EMEARiverbed Technology has announced that Kristian Thyregod has been promoted to Senior Vice President Sales, in Europe, the Middle East and Africa (EMEA). Read More
M&A, infrastructure sharing, liberalisation to reshape telecoms in AfricaMergers, acquisitions, infrastructure sharing and market liberalisation will reshape Africa’s telecommunications markets by 2018, according to market analysts Frost & Sullivan. Read More
Dell, Intel study uncovers truth behind technology and the workforceDell and Intel have unveiled findings from its second Global Evolving Workforce Study, which identifies, and explores current and future trends pertaining to the workplace and workforce, and the role that technology has played in their evolution. Read More
PWC: Optimism abounds but a bumpy journey ahead for somePwC’s ‘Capital Projects & infrastructure in East Africa, Southern Africa and West Africa,’ report says infrastructure spend in the region is projected to reach $180bn per annum by 2025. Read More
Why govt listed Glo, others as top firmsNigeria’s national carrier, Globacom and 99 other top notch firms have been listed as top 100 Firms in Nigeria for the 2014 fiscal year. The top 100 companies list is based on international benchmark set by the International Integrated Reporting Council. Read More
Women can lead 21st century ICT industry, says Zinox chiefWith the right mix of innovation, business focus, accountability and ambition, women entrepreneurs can spearhead the evolution of the ICT industry in the 21st century, says the Chairman, Zinox Group. Read More
FEATURED STORYPWC: Optimism abounds but a bumpy journey ahead for some
PwC’s ‘Capital Projects & infrastructure in East Africa, Southern Africa and West Africa,’ report says infrastructure spend in the region is projected to reach $180bn per annum by 2025.
BEST READ NEWS
IN DEPTHAfrica lags on digital migration
Only three African countries have so far completed the digital migration process, and serious issues are hampering the migration in other nations.