Gijima has appointed interim CEO Eileen Wilton in a permanent position and Robert Gumede as executive chairman, from non-executive chairman, with immediate effect, it says.
Wilton joined Gijima in May 2012 as COO and subsequently became interim CEO after Jonas Bogoshi resigned in October last year.
In its recent financial results announcement, the Gijima board expressed its satisfaction with Wilton's performance in leading its turnaround strategy, it says in a statement.
The company says, since her appointment, Wilton has "worked tirelessly" in pursuing and leading Gijima's turnaround strategy.
Gumede indicated at its recent interim results that a permanent CEO would be appointed soon.Gijima credits Wilton with reviewing various key projects, implementing a savings programme, leading the successful R150 million rights offer, and putting in a revised operating model. "Furthermore, her interaction with shareholders, clients and staff created a sense of comfort and stability," it says.
Before joining Gijima, Wilton was CIO at Old Mutual and Anglo American, where she was responsible for developing and implementing global IT strategies.
"The board is confident that Gijima has embarked on a new journey that will yield success for shareholders, clients, staff and the economy of our country," says Mark Bussin, chairman of Gijima's remuneration committee.
Our comments policy does not allow anonymous postings. Read the policy here