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Ms Philisiwe Mthethwa

Chief Executive Officer

QUALIFICATIONS AND DIRECTORSHIPS

  • MBA Corporate Finance
  • MSc Economics (thesis not defended)
  • Industrial Development Corporation (IDC)

Ms Mthethwa holds an MBA Corporate Finance from the University of Sheffield, and has studied towards the MSc Economics (thesis not defended) at the University of Paris 2.

In this role Ms Mthethwa brought a diverse knowledge of banking, capital markets and international investment, and grew the NEF into a high-performing organisation that saw over 1000 black-owned and managed enterprises receive much-needed finance for start-up, expansion and equity acquisition purposes. Under her stewardship the past few years (2007 – 2014) saw the NEF join forces with local and international investors in the quest to champion South Africa’s industrialisation by developing strategic and industrial-type projects valued in excess of R13.2 billion.

Ms Mthethwa’s experience encompasses both private and public sector activities and provide the NEF with unparalleled understanding of the environment in which the organization operates.

Prior to joining the NEF, Ms Mthethwa worked for a French investment bank in London, held responsibility for risk management control at the South African Reserve Bank and worked in the Treasury division at Standard Corporate and Merchant Bank. She was also employed as a Regional Director for Europe by the dtic in Germany and France to promote European investment in South Africa. In 2002 she returned to South Africa to become the Chief Director of the Black Economic Empowerment Unit of the dtic, which developed the Government’s Broad Based Black Economic Empowerment (B-BBEE) strategy, the B-BBEE Act and the Codes of Good Practice, instruments that are at the heart of the country’s efforts to bring about inclusive growth.

Over the years Ms Mthethwa has served on various Boards and is a Non-Executive Director of the Industrial Development Corporation. Among her accolades are: 2019 CEO of the Decade (ABSIP); 2017 Woman of the Year (ABSIP); 2014 Special Excellence Award: Financial Services Sector (Black Business Executive Circle); 2013 Woman of Substance (African Women Chartered Accountants); 2013 Top South African Women’s Award (South Africa’s Most influential Women in Business and Government); 2011 Corporate Business Woman of the Year (Business Women’s Association of South Africa), 2011 African Business Woman of the Year (Africa Investor), and appointment as a Chevalier de la Legion d’Honneur (Knight of the National Order of Merit) by the former president of the French Republic, Mr Nicolas Sarkozy in 2011.

Board of Trustees

Dr Nthabiseng Moleko

Dr Nthabiseng Moleko

Chairperson of the Board

Ms Philisiwe Mthethwa

Ms Philisiwe Mthethwa

Chief Executive Officer

Executive Committee

Ms Philisiwe Mthethwa

Ms Philisiwe Mthethwa

Chief Executive Officer

Ms Zama Khanyile

Ms Zama Khanyile

Divisional Executive: Venture Capital & Corporate Finance

Mr Setlakalane Alfred Molepo

Mr Setlakalane Alfred Molepo

Divisional Executive: Strategy, Planning and Significant Investments

Mr Mziwabantu Dayimani

Mr Mziwabantu Dayimani

General Counsel

Mr Nhlanhla Nyembe

Mr Nhlanhla Nyembe

Divisional Executive for SME & Rural Development

Ms Boitumelo Gasealahwe

Ms Boitumelo Gasealahwe

Chief Financial Officer

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