Steinhoff International Holdings has announced the appointment of Louis Strydom as the chief compliance and risk officer, with effect from July 1. The position is new, and is part of the remediation plan the company has put in place as it emerges from a major accounting scandal. Strydom is a chartered accountant and, prior to this appointment, was the leader of PwC’s African Forensic Services practice as well as a member of PwC’s European, Middle Eastern and African forensic services
ces leadership team.
He has more than 32 years’ experience in the advisory and audit profession. Across his career, he has headed up various global teams, including the team that carried out the Steinhoff forensic investigation over the past 15 months and, as such, is very familiar with the group and the risks Steinhoff is facing.
The chief compliance and risk officer will have a dual reporting line to the CEO and audit and risk committee.
Heather Sonn, chairperson of the supervisory board, stated, “Steinhoff welcomes the
appointment of Louis Strydom. He has an impressive track record and knows Steinhoff well. We are delighted that he has agreed to join the group and we look forward to his contribution.”