Directors

Mpumi Tyikwe

Chief Executive Officer

Appointed: April 2022

Fellow: Insurance Institute of South Africa (FIISA)

Post-graduate Diploma in Management (University of Wales)

Mpumi, with over three decades experience in the insurance industry, has been with reputable companies such as Santam, Standard Bank, Alexander Forbes, Land Bank Insurance Services and Constantia Risk & Insurance. During his stay at these businesses, he played pivotal roles that covered business growth and what drives it, spearheaded innovation and led turnaround strategies, spanning twenty years.

His experience vastly covers aspects such as claims optimisations, customer centricity, financial capital optimisation, talent management and balanced scorecards that assist to execute strategy. Not only these, Mpumi has over the years proven his capability in leading strategy development, accompanied by interventions curated towards business growth and profitability.

Stakeholder management, through dialogue, is also one of Mpumi’s strong characteristics as he is aptly capable of seeing the benefit that perfectly suits both internal and external stakeholders.

Mpumi’s skills are deeply rooted in very strong corporate governance orientation, where he has been exposed to both private and public sectors, enabling him to understand that certain public sector governance prescripts, like the PFMA, are anchored in King IV Code of corporate governance.

Japhtaline Mantuka Maisela

Appointed: July 2020
Master’s in management
PGD Management
Production Management (Japan)
EDP (Wharton Business School)

Mantuka is a well-respected professional with considerable experience as a human resource executive who has contributed extensively to transformation within South African businesses and pension funds. Over the years, Mantuka has served many boards including Air Traffic and Navigation Services, Murray & Roberts, the Motor Industry Bargaining Council, the National Consumer Council, South African National Parks and the World Petroleum Council. Since 2017, Mantuka has been the Chairperson of the Eskom Pension and Provident Fund, where she was instrumental in the transformation of the fund in terms of black‑owned, especially women-owned, asset managers. She also serves as a trustee on the Motor Industry Fund as well as the Government Employees’ Pension Fund.

Sathie Gounden

Appointed: July 2020
BCompt CTA CA(SA) Harvard
Business School Executive Leadership
Development Programme

Sathie has extensive auditing, accounting, forensics, consulting and tax experience. He is an expert in financial reporting using IFRS and GAAP, with strong ethical and professional values. In addition, he is well versed in risk management, the PFMA and Treasury Regulations, King IV, the Companies Act and B-BBEE. He is a past CEO of Gobodo Inc. and past President of the national board of the Association for the Advancement of Black Accountants of Southern Africa. Currently, he is Audit Committee Chairman of the South African Revenue Service and the National Home Builders Registration Council in addition to other board memberships.

Desmond Marumo

Appointed: July 2020
LLM (Corporate Law) Higher Certificate
Intellectual Property Law

Desmond is a qualified legal administration professional with extensive experience in drafting and advising on collateral securities on loans, mergers and acquisitions as well as judicial management. He has lectured and delivered papers on intellectual property and has represented South Africa in various countries. He is a past Chief Operating Officer of CIPRO and currently an executive director of DMC, a consultancy specialising in private-public partnerships and intellectual property.

Dr Nolwandle Mgoqi-Mbalo

Appointed: July 2020
BA MSc PhD

Nolwandle is an executive with domestic and African experience in strategy development, implementation and monitoring, product development, sales and distribution, marketing and people management within both start-up and growth organisations across short-term insurance, life insurance and group schemes, employee benefits and asset management businesses. She has an overall track record in increasing sales and growing bottom line while spearheading operational improvements and driving change within businesses. Nolwandle is currently the Chief Executive: Insurance at Standard Bank.

Refilwe Moletsane

Appointed: July 2020
B Juris MAP B Hons Insurance and
Risk Management

Refilwe has 27 years’ experience in insurance. She served as Deputy CEO of the South African Insurance Association, where she was responsible for the insurance industry’s motor insurance, legal and compliance portfolios. She joined AIG South Africa in July 2010 as the Country Compliance Officer. In 2013, she was appointed as the Compliance Leader for Africa responsible for South Africa, Kenya and Uganda, and Middle East and Africa Regional Head of Compliance in 2018. She was also instrumental in the insurance industry’s legislation and regulations debates under the Parliamentary Portfolio Committee of Finance until June 2010. Before joining SAIA in 2007, Refilwe held various portfolios in Hollard Insurance.

Enos Ngutshane

Appointed: July 2020
M Public Administration (Liverpool)
PGD Administrative Studies

Enos is a leader in local government, occupational health and safety, risk management and an expert in leadership, corporate governance, public policy, change management and transformation. He provides thought leadership in organisation development, employment equity, public transport, pension fund governance and investment. He was a trustee and the Chairperson of the PRASA Provident Fund for 17 years. He is currently the President of the Institute of Retirement Funds Africa.

Margaret Mosibudi Phiri

Appointed: July 2020
CA(SA)

Margaret is Managing Director of Mohale Seoka Consulting. Her main areas of expertise are external audit, internal audit, investigations, financial statement preparation and review, probity audit, board evaluations, internal financial control and risk management, technology and information governance and corporate governance. She worked at the Auditor-General South Africa for 20 years and has a good understanding of the PFMA, MFMA, GRAP, IFRS, Municipal Systems Act, SCM, National Treasury Regulations and Practice notes, Preferential Procurement Policy Framework Act, B-BBEE, Skills Development Levy Act and corporate governance principles. She serves on numerous boards and audit committees.