The Innovation Hub (TIH) announced today that its board of directors has appointed Ms Maphefo Sedite (pictured above) as Chief Financial Officer (CFO). Ms Sedite succeeds Ms Mavis Thomani, who was the CFO for The Innovation Hub from 2011 to 2019 and Ms Beverly Mmamedupi Bokaba, who was appointed Acting CFO from September 2019 to September 2020.

Ms Sedite joins The Innovation Hub, having held senior finance positions in various companies such as the Johannesburg City Parks and Zoo where she was the CFO and served in various strategic committees as Executive Director for two and a half years. Prior to this, she was the CFO of the Council for Built Environment (CBE) for eight years, during which time she was also the Chairperson of the Audit Committee to the Government Printing Works for three years. In 2007, Ms Sedite was nominated to be part of the Presidential-led delegation to the Democratic Republic of Congo (DRC) as part of the finance stream.

Having completed her articles at the Office of the Auditor General, the CFO brings over 13 years of senior management experience to her new role. She has managerial leadership experience and skills in all aspects of the financial value chain, from strategic planning, budgeting, forecasting and accounting, to risk management and corporate governance reporting

“Ms Maphefo Sedite’s appointment as CFO is a continuation of our strategy to bring in experts who can build and contribute to the advancement of the state of innovation and entrepreneurship in South Africa. I am pleased to welcome Ms Sedite in her role,” says Adv Pieter Holl, CEO of The Innovation Hub. “On behalf of the entire board and executive team, I would like to thank Ms Beverly Bokaba for her important contributions and leadership during her tenure as Acting CFO. Over the last year, she has played an invaluable role in supporting the company’s growth,” he added.

Ms Sedite said she was excited at the prospect of joining The Innovation Hub at this juncture of the company’s expansion. “I look forward to working closely with the management team over the next few years to unlock new opportunities. My goal is to positively impact the changing landscape of technology and innovation through excellent leadership and planning; implementing small but significant actions that lead to a positive ripple effect for change,” she said.

Ms Sedite is a registered Chartered Accountant in South Africa and holds a BCom degree in Accounting Science from the University of Pretoria. She obtained her BCom Honours and a Certificate in Theory Accounting (CTA) from the University of South Africa in 2007.

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For more information, please contact:
Linah Nematandani
Communications and Events Manager
lnematandani@theinnovationhub.com
(+27) 12 844 0030/ (+27) 71 673 9964
Twitter: @InnovHub
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About GGDA
The Gauteng Growth and Development Agency (GGDA), is an agency of the Gauteng Department of Economic Development (GDED).GGDA is the implementing arm of the GDED and assists the department in leading, facilitating and managing sustainable job creation and inclusive economic growth and development in the Gauteng City Region.

About The Innovation Hub
The Innovation Hub, a subsidiary of the Gauteng Growth and Development Agency (GGDA) is the innovation agency of the Gauteng province and is responsible for managing Africa’s first internationally accredited Science and Technology Park of the same name, and is a full member of the International Association of Science Parks (IASP). Strategically located in Tshwane, South Africa's executive capital in the ‘smart’ province of Gauteng, The Innovation Hub implements initiatives identified in the Gauteng Innovation Strategy and Green Economy strategy to advance the economic development and growth of the Province through innovation. The Innovation Hub has created unique spaces, in Tshwane and the rest of the Gauteng province, for high-tech entrepreneurs, world-class businesses, academics, researchers and venture capitalists to meet, network and prosper. For more information visit www.theinnovationhub.com