Welcome to
myIthala
Business
Business
Welcome to
myIthala
Business
Business

Corporate Social Investment

Corporate Social Investment

Our Leadership
Our Board of Directors
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Inkosi Sbonelo Mkhize
Deputy Chairman
Independent Non-Executive Director
Appointed: 2018
Qualifications:
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Bachelor of Commerce (Economics) (University of KwaZulu -Natal),
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Certificate in Public Policy (2014) University of California Berkeley
Management Committees
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Board of Directors
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Directors Affairs Committee
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IT Governance Committee
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Insurance Advisory Committee
External Appointments
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M Energy (PTY) LtdMC
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Nalane Developmental Corporation (PTY) Ltd

Ms. Given Sibiya
Independent Non-Executive Director
Appointed: 2017
Qualifications:
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BCom
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BAcc (Wits) Chartered Accountant (SA) Management Committee
Management Committees
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Board of Directors
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Directors Affairs Committee
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Audit and Compliance Committee
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Risk and Capital Management Committee
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Human Resources and Remuneration Committee
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Social Ethics and Sustainability Committee
External Appointments
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Member of Audit Committee, Media Development & Diversity Agency
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Head of Internal Audit Division, SekelaXabiso Chartered Accountants
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Non-Executive Director, Basil Read Holdings Ltd

Mr Mpumzi Pupuma
Lead Independent Non-Executive Director
Appointed: 2020
Qualifications:
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Masters of Business Leadership,
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Bachelor of Accounting Sciences
Management Committees
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Board of Directors
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Risk and Capital Management Committee
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Human Resources and Remuneration Committee
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Audit and Compliance Committee
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Directors Affairs Committee
External Appointments
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Chairman and Trustee of Grassland Development Trust
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Committee Member of Nqamakwe and Nomaheya National Wool Growers Association
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Director: Ntinga OT Tambo Development Agency
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Director: Khoin PTY LTD

Ngoni Simelane
Independent Non-Executive Director
Appointed: 2021
Qualifications:
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Master of Business Administration,
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Post Graduate Certificate in Business Administration
Management Committees
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Board of Directors
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Directors Affairs Committee
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IT Governance Committee
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Insurance Advisory Committee
External Appointments
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General Manager:Digital Platforms and Services at MTN
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Chief Technology Officer at Early Stage Startup
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Executive Head of Mobile and Digital Payments Strategy & Innovation at Standard Bank Group
Our Executive Committee
Dr. Thulani Vilakazi
Chief Executive Officier
Appointed: 2020
Qualifications:
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Doctor of Business Leadership (DBL) - PhD
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Post-Graduate Diploma in Company Directorship
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Henley MBA - Master of Business Administration
Management Committees
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Board of Directors
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Risk and Compliance Management Committee
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IT Governance Committee
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Insurance Advisory Committee
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Human Resources and Remuneration Committee
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Social Ethics and Sustainability Committee
Employment History
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Global Advisor - Guidepoint Advisors
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Head of Strategy, Marketing & Communications - Nedbank Group - Africa Division
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Deputy Chief Executive Officer and Director - Rentworks Africa (Pty) Ltd
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Deputy Managing Director / Executive Director - Standard Bank Group
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National Manager: New Enterprise Banking - ABSA Bank

Mr. Xolani Khumalo
Head of Credit & Collections
Appointed: 2020
Qualifications:
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CA (SA)
Management Committees
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Executive Committee
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Management Credit Committee
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Credit Impairments Committee
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Enterprise Risk Committee
Employment History
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Group Financial Planning & Analysis (and Group Head: Benefits Tracking) - Barloworld Ltd
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Investment Officer - Development Bank of SA
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Senior Credit Manager/ Analyst (Investment Banking) - Rand Merchant Bank

Mr. Sandile Xolo
Head of Marketing & Communications
Appointed: 2011
Qualifications:
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BBA (Marketing), Graduate Diploma (Marketing)
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PASA Certificate (Payments)
Management Committees
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Executive Committee
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Operational Risk Management Committee
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Anti-Fraud and Ethics Committee
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Management Credit Committee
Employment History
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Marketing and sales manager - Ithala SOC Limited
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Brand manager - Tsogo Sun: Suncoast Casino
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Casino brand manager - Tsogo Sun Gaming: Suncoast Casino
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Regional assistant brand manager - Africa, Middle East and Turkey: Unilever
Mr. Sethu Nsele
Chief Auditor Executive
Appointed: 2020
Qualifications:
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Masters of Business Leadership
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Certified Internal Auditor
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Certified Financial Services Auditor
Management Committees (Invitee)
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Executive Committee
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Operational Risk Management committee
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Management Credit Committee
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Anti-Fraud and Ethics Committee
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Assets and Liabilities Committee
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Skills Development and Employment Equity Committee
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Financial Misconduct Committee
Employment History
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Director – Audit, Risk and Governance - FTMG Corporate Advisory Services
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Independent Consultant - Self Employed (Sethu Nsele Advisory Services (SNAS)
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Manager, Credit Risk Operations - Rand Merchant Bank Ltd
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Credit Governance Specialist - ABSA Capital
Mr. Aaron Pather
Head of Insurance
Appointed: July 2019
Qualifications:
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Master’s in Business Administration (MBA)
Management Committees
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Executive Committee
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Operational Risk Management Committee
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Management Credit Committee
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Anti-Fraud and Ethics Committee
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Assets and Liabilities Committee
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Skills Development and Employment Equity Committee
Employment History
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Sanlam, Business manager
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Nedbank Insurance Distribution, Head of Business development
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Momentum, regional manager
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Old Mutual, Executive sales Manager.
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Liberty life, Relationship Manager.
Mr. Sihle Gwala
Head of Human Resources
Appointed: 2011
Qualifications:
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B Soc Sc, SMDP
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BA Honours (Industrial Psych)
Management Committees
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Executive Committee
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Operational Risk Management Committee
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Management Credit Committee
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Anti-Fraud and Ethics Committee
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Assets and Liabilities Committee
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Skills Development and Employment Equity Committee
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Financial Misconduct Committee
Employment History
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Divisional HR manager - Public Investment Corporation Real Estate & Asset Management
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Senior HR business partner (Head Office) - ABSA Retail Bank
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HR business partner (Regional Office) - ABSA Bank
Adv. Kabelo Nkhambule
Compliance Officer
Appointed: 2020
Qualifications:
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LLB Degree
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Certificate in Marketing
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Certificate in Cooperative Governance
Management Committees
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Executive Committee
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Management Credit Committee
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Assets and Liabilities Committee
Employment History
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Chief Risk and Compliance Officer - South African Express SOC Limited
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Senior Manager: Group Compliance - African Bank Holdings Limited
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Group Legal advisor - African Bank Investments Limited
Mr. Shane Moodley
Head of Retail & Business Banking
Appointed: July 2015
Qualifications:
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BCom (Hons) (Currently studying)
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BCom (Financial Management)
Management Committees
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Executive Committee
Asset and Liabilities Committee
Operational Risk Management Committee
Management Credit Risk Committee
Anti-Fraud and Ethics Committee
Employment History
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Regional Head : Cash Management ( Absa Corporate)
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Regional Product Manager : Investment Risk (Absa Corporate)
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Funding and Liquidity Dealer : Nedbank Capital