Denel appoints new CFO, legal officer

State-owned Denel has appointed Odwa Mhlwana CFO and Vuyokazi Xaxa company secretary and legal officer.   “The new additions to our executive team are critical to create stability in Denel and will contribute to our transformation into a self-sustaining State-owned company,” says Denel acting CEO Zwelakhe Ntshepe.   Mhlwana and Xaxa have both occupied executive positions in the defence and public sector environments for more than a decade and have served in acting capacities in Denel prior to their new appointments.   Ntshepe says the Denel board in June approved its new strategy and the new leadership team will play a pivotal role in its implementation. “They will help us to achieve our strategic objectives which are the building blocks of a ‘One Denel’ of the future.”