SEACOM welcomes new Group Chief Financial Officer and announces leadership transition
Johannesburg, Wednesday, 15 November 2023 – SEACOM, Africa’s leading converged ICT services provider, is pleased to announce significant changes within its executive leadership team. Lucas Malamule Ndala has been appointed as the new Group Chief Financial Officer (GCFO), succeeding Richard Schumacher, who previously held the role.
Ndala's appointment as GCFO marks a pivotal moment in SEACOM's ongoing journey of growth and innovation. With a career spanning over two decades, Lucas brings a wealth of financial expertise and industry insight to the organisation. He has a remarkable track record, having served in various executive roles within the Telkom Group, including CFO, COO, Group Executive for the GCEO Support Office, and board member of the Telkom Group division, Openserve. He also served as CFO at BCX and interim CEO of Postbank. His extensive experience and strong academic background make him exceptionally well suited to lead SEACOM's financial strategies with precision and innovation.
At the same time, Richard Schumacher will transition to a new position as Chief Wholesale and Strategic Alliances Officer. In this capacity, Richard will play a crucial role in fostering stronger relationships with SEACOM’s global customers, partners, and suppliers, further enhancing SEACOM's strategic position in the market.
These leadership changes came as SEACOM advanced its transformative phase. The company is committed to addressing the evolving needs of its customers, driving sustained growth, expanding into new markets, and transitioning to a regional focus with localised customer attention.
"We are excited to welcome Lucas Ndala as our new Group Chief Financial Officer, and usher Richard Schumacher into his new role. Lucas's appointment reflects our commitment to enhancing our financial strategy and sustainability, while Richard's new position highlights our dedication to strategic partnerships and alliances. Together, they will play integral roles in guiding SEACOM to new heights in the telecommunications and managed services industry," said Alpheus Mangale, Group Chief Executive Officer (GCEO) of SEACOM.
These strategic leadership changes underscore SEACOM's dedication to staying at the forefront of the ICT sector. As the company forges ahead in this dynamic landscape, it looks forward to leveraging Lucas Ndala's financial expertise and Richard Schumacher's strategic acumen to drive innovation and continued success.
SEACOM launched Africa’s first broadband submarine cable system along the continent’s Eastern and Southern coasts in 2009. Today SEACOM is the preferred partner for African businesses, network carriers, and service providers.
Through its ownership of Africa’s most extensive ICT data infrastructure – including multiple subsea cables and a resilient, continent-wide IP-MPLS network – SEACOM provides a full suite of flexible, scalable and high-quality communications and cloud solutions that enable the growth of the continent’s economy.
SEACOM is privately owned and operated, allowing the company the agility to rapidly tailor-make and deploy new services, commercial models, and infrastructure in response to customer requirements without the red tape or hidden costs often prevalent in this industry.