Cambria Africa dispenses with CFO role as finance chief resigns

LONDON-LISTED investment company Cambria Africa has accepted the resignation of chief financial officer Tania Sanders, who will resign her duties at the end of November.

At the same time, Cambria, which has a portfolio of investments primarily in Zimbabwe, said it has appointed Rhonda Wells as group financial controller.

As part of a move to simplify its structure and operations the company will divide the CFO role between the incoming financial controller and Nyaradzo Mudzamiri, who has managed strategy and corporate development since 2011.

Wells and Mudzamiri will report directly to Cambria’s CEO Edzo Wisman, but will not be appointed to Cambria’s board.

Wells joins the company from Mecom Group, where she is the group financial controller. Prior to joining Mecom in 2007, she spent ten years at KPMG, most recently as audit senior manager in London.

Ian Perkins, Cambria’s chair, said: “I thank Tania for her hard work, on-going vigour and beneficial insights during the challenging transition period that lies behind us now. She leaves Cambria with more robust and transparent reporting and control systems in place, as well as a much improved corporate secretarial function.”