Former finance minister Pravin Gordhan said new SAA chief executive Vuyani Jarana should be given three to six months to turn around the ailing airline without interference. Speaking at The Gathering in Cape Town on Thursday, he said the appointment of Jarana was a “good start”.
Vodacom COO Vuyani Jarana has been appointed as new CEO of South African Airways. He will be the first permanent CEO of the battling state airline since November 2015. The finance ministry says cabinet has approved Jarana’s appointment.
He will commence his duties after his current employer has officially released him. Jarana is currently the Chief Officer for Vodacom Business at Vodacom Group LTD, a position he has held since 2012.
He is also a member of the core leadership team of Vodacom Group responsible for the enterprise segment across the continent.
Jarana built a solid and transformed organisation with emphases on both top line business growth as well as margin expansion.
He will be tasked to help save a bankrupt carrier which has had to be bailed out by government since Dudu Myeni took over as board chairperson.
Finance Minister Malusi Gigaba congratulated Mr Jarana, and said: “given that Mr Jarana has turned around a loss-making subsidiary of the Vodacom Group, Vodacom Business Africa, into profitable and growth business, we believe he will be key in turning around SAA.”
The DA welcomes the appointment of Mr Vuyani Jarana as the CEO of SAA. Mr Jarana has an impressive record in business and we wish him well at SAA.
SAA presents challenges much bigger than Mr Jarana has ever faced before. The only way to save SAA will largely depend on Mr Jarana being given a free hand to take the robust action that is required in order to ruthlessly cut the bloated cost structure that is dragging the airline into liquidation.
At the parliamentary meeting with SAA tomorrow we will ask the hard questions about the current bankrupt state of the airline and what the remuneration package and performance requirements for Mr Jarana are.
Alf Lees MP, DA Shadow Deputy Minister of Finance, 3 August 2017