The Chief Finance Officer of PPC, a leading supplier of cement in Southern Africa, Tryphosa Ramano will step down on October 31 after eight years with PPC.
The company revealed that the decision was mutual. Ramano is said to have agreed to take on a consultancy role with PPC to ensure continuity.
PPC chairman Jabu Moleketi said that the company would immediately start the process to appoint a permanent CFO.
Meanwhile, Ronel van Dijk has been appointed as interim CFO and as an executive director. The development comes after the Dutch cement executive Roland van Wijnen, took over as CEO of PPC at the start of this month.
The company which has operations in both Zimbabwe and South Africa is listed on both the Johannesburg Stock Exchange and the Zimbabwe Stock Exchange.