SOUTH AFRICA – Tiger Brands has announced the appointment of Pamela Padayachee as its new Corporate Finance Director, according to company’s LinkedIn page.
Padayachee’s tenure with the company began in 2016 when she joined as Finance Director of the Culinary business.
She later advanced to the role of Consumer Portfolio Finance Director in 2019.
In her most recent position, Padayachee served as the Finance Director of Operations and Strategic Projects.
Her responsibilities included supporting category Finance Directors and managing the Finance Centre of Excellence.
Over the years, she has held various senior roles, including Acting CFO, where she spearheaded initiatives in finance transformation, digitalisation, and process standardization.
With a rich background in both business and operational finance, Padayachee is well-prepared to take on her new role.
She holds a Chartered Accountant (SA) qualification and a Bachelor of Commerce degree in Accounting and Finance from the University of KwaZulu-Natal.
Her extensive experience and expertise are expected to contribute significantly to Tiger Brands’ financial strategy and operations.
Tiger Brands, a leading South African food company, has been making substantial investments to enhance its manufacturing capabilities.
Earlier this year, the company invested R300 million (US$15.8 million) in a new peanut butter manufacturing facility in Johannesburg.
This new plant is dedicated to producing the Black Cat peanut butter brand, a move aimed at meeting consumer demand for value and affordability while also improving production efficiencies.
The investment in the new facility aligns with Tiger Brands’ strategic goals and positions the company to better serve the South African market.
According to a company statement, the South African peanut butter category represents 50% of the total spreads market, excluding margarine.
Tiger Brands is also known for its ownership of popular brands such as Beacon confectionery and Oros drinks.
The company’s recent investments and strategic appointments like that of Padayachee demonstrate its commitment to growth and innovation in the competitive food industry.
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