PPC appoints Barloworld-linked executive as new CFO

JSE-listed cement producer PPC has finalised its long-term financial leadership transition, tapping into Barloworld’s joint-venture executive talent pool to steer its balance sheet and governance frameworks.

According to an official announcement released on 26 June 2026, the company has appointed Veliswa Rozani as an executive director and its permanent CFO, effective 1 October 2026. The decision follows a structured recruitment process initiated after the group’s March announcement confirming that veteran CFO Brenda Berlin will officially retire from the company on 30 June 2026.

Securing blue-chip industrial and automotive pedigree

The appointment injects extensive multinational financial leadership into the cement manufacturer at a time when rigorous corporate governance and precise capital management remain paramount. Rozani, a chartered accountant (SA) with over two decades of senior executive experience, currently serves as the group CFO of NMI-Durban South Motors, a prominent joint venture partner of Barloworld South Africa.

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Her industrial and commercial portfolio spans multiple sectors, including a prior tenure as the CFO of Barloworld Motor Retail South Africa, alongside senior corporate roles at global healthcare giant Johnson & Johnson and Microsoft SA. Rozani, who completed her initial articles at PwC, holds a BCom (Hons) and an MBA completed cum laude. The PPC board confirmed that it has completed a formal “fit and proper assessment” in respect of Rozani in strict compliance with the JSE Listings Requirements and is fully satisfied with the outcome.

The strategy hand-off

Because a multi-month operational gap exists between Berlin’s departure at the end of June and Rozani’s formal arrival in October, PPC has configured a temporary bridge to maintain financial oversight.

The company detailed its interim internal arrangement to ensure smooth, continuous reporting: “As an interim arrangement, shareholders are advised that Paulo Marques (currently PPC’s chief strategy officer) has been appointed as acting CFO (but not as a director) of PPC, with effect from 1 July 2026.”

The group’s audit, risk, and compliance committee confirmed that Marques is fully competent to manage the portfolio, backed directly by the core PPC finance team, until the permanent leadership transition concludes in October.