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South African Retail Giant Truworths Appoints New CFO

An Office store on London's Portobello Road. Shutterstock.

Zoe Suen

20 April 2021

Emanuel Cristaudo will take on the role of chief financial officer of the 104-year-old South African fashion retailer effective July 1, Reuters reports.

Cape Town-based Truworths owns fashion brands including Truworths Man, UZZI and Office Shoes, which it acquired in 2015 for £256 million (around $358 million). It operates around 780 stores, the majority of which are located in South Africa.

Cristaudo has taken on both executive and director roles at Truworths in the last 16 years. He replaces David Pfaff, who resigned in February, and will work to help the company recover from losses suffered during the pandemic by growing its budget clothing business.

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