The finance structures of the institution have been given a vital boost thanks to two recent Director level appointments. Gregory Otieno takes over the Procurement reigns while Vincent Jones will be the first Director of Internal Auditing appointed at CPUT.
The recent protest action and the impact of a 0% fee increase in 2016 will see all departments tightening their belts making both their portfolios even more critical to the smooth financial management of the institution.
Otieno says he is excited to join the higher education sector since the bulk of his experience to date has been in corporate procurement fine tuning his expertise in logistics, supply chain and operation management.
“Having worked within the private business environment I longed for an opportunity to expand my experience within the public space and CPUT offered that opportunity. My impression of CPUT as an institution is that it comprises a society of great minds and people,” he says.
Far from being a number cruncher working behind the scenes Jones will be an integral advisor to the Vice-Chancellor on all issues of potential financial risk to the institution.
He brings 12 years of internal audit, risk evaluation and governance and forensic investigation skills to his new position and joins CPUT directly from National Department of Trade and Industry where he spent seven years in a Director position.
“Since the university never had an in-house Internal Auditor, I am looking forward to applying my knowledge and experience in establishing internal auditing practices and to develop a vision for a strategic internal audit process, addressing the key strategies and risks facing the institution.”
