JSG has appointed Ryan Govender as its new chief financial officer (CFO) and is set to start in the role from 1 October.

The appointment comes after the textile services provider’s current CFO, Yvonne Monaghan, stated her intention to retire from the role after 17 years in the position and over 40 years at the company.

Govender brings corporate finance and commercial expertise to the role, having worked for over two decades in senior finance roles across global FMCG businesses, particularly in the food sector.

He will join JSG from Treatt plc, where he is currently serving as the company’s CFO.

Govender, who qualified as a chartered accountant at PwC in South Africa, has also held roles at Associated British Foods, Speedibake, Germains Seed Technology and Illovo Sugar.

Monaghan will remain in the role until 1 October and will continue to work for the company until 28 February 2026 in order to complete the handover with Govender.

Chief executive officer at JSG, Peter Egan, said: "Monaghan has been an outstanding CFO for JSG and I want to thank her for everything she has done for the group and for all the support she has given to me personally. She has been instrumental in driving the success of the group since her appointment as CFO in 2007 and she leaves us extremely well positioned for the future.

"I am delighted that Govender will be Monaghan's successor. He is a highly experienced and commercial CFO with a proven track record of exceptional delivery. I very much look forward to working with him on the opportunities ahead."

Govender concluded: "I am thrilled to be joining JSG with its rich heritage of outstanding customer service, investment in its people, industry leadership position and impressive sustainability credentials.

"The group's businesses are very well-positioned with great potential to deliver further value to customers and shareholders. I am excited by the opportunity to build upon these strong foundations as JSG continues its next phase of development and I look forward to working closely with Monaghan to ensure a smooth handover."

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