The Board of Oceana Group Limited announced that Mr. Zafar (Zaf) Mahomed will assume office as Oceana's Executive Director of the Oceana Board effective from 1 February 2023. Mr. Mahomed has vast experience and a proven track-record in the telecommunications, food franchise; and
furniture retail industries. He has more than 25 years of finance and business experience across major industries, multinational and listed companies as well as worldwide brands in multiple industries ranging from manufacturing to retail, financial services, real estate and property, food, medical devices, hospitality, mining equipment and FMCG. Mr. Mahomed was most recently the CFO of Cell C and prior to that position, the CFO at McDonald's South Africa. In addition to the above skills and expertise that Mr. Mahomed brings to the Group, he has a wealth of multinational finance experience with particular expertise in mergers and acquisitions, strategy development, property management, investor relations, change management and business turnaround skills. He is also a skilled negotiator. Mr. Mahomed is a Chartered Accountant (SA) and holds the following qualifications: MBL from UNISA School of Business Leadership; BCom (Hons) from UNISA and BCom from University of Natal.