4Racing is proud to announce Fundi Sithebe as CEO effective 1 June 2021
The announcement was made at the official launch of the 4Racing brand on Champions Day at Turffontein on Saturday 1 May.
“I am very excited to have been presented with this opportunity and I look forward to engaging with all the stakeholders as 4Racing proceeds with the vital transformation and rebuilding of the South African horseracing industry,” said Fundi.
Fundi holds a Bachelor of Business Administration from Midrand University and a Post Graduate Diploma in Management (Business Administration) from Wits Business School.
She started her career as a management consultant at Deloitte, focusing on the areas of strategy and operations in organisational strategic projects. She was part of the expansion team for First National Bank of South Africa that crafted a way forward and was responsible for the successful establishment of operations in Africa.
Fundi was previously the Chief Operating Officer of Airports Company South Africa, from December 2017 until her departure on 30 April 2021, responsible for the integration and seamless operations across the network of 9 airports. In addition, she led the Commercial Division, which is mainly responsible for non-aeronautical revenue. Her passion in the aviation industry was sparked in 2003 when she obtained her Private Pilot’s Licence(PPL).
Chairperson Mxolisi Zwane said he was delighted to welcome Fundi into her new portfolio at 4Racing. “While her recent background has been in the aviation industry, Fundi has an excellent track record in the business world and has the ability to help restore South African horseracing to its former glory. She understands the vision we have for the racing industry.”
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