Black female business leaders appointed to PPC and Santam Limited boards

ceoimage1Cement maker PPC and financial services company Santam Limited have appointed two women with a strong accounting background to their boards. This information was contained in a statement on SENS, the information dissemination service administered by the Johannesburg Stock Exchange (JSE).

PPC appointed Ms Nonkululeko “Nonku” Gobodo as a non-executive director to the Board of Directors of PPC and further appointed her as an Audit Committee member with effect from 8 February 2017. According to a statement on SENS, Nonku brings a wealth of experience from her extensive career in the fields of accounting and business leadership. She was the first black female to qualify as a Chartered Accountant in South Africa. She holds a Bachelor of Accounting Sciences (honours) from the University of South Africa and a Bachelor of Commerce from the University of Transkei.

Nonku is currently a non-executive director of Mercedes Benz SA, chief executive officer of Nkululeko Leadership Consulting and chairwoman of Mpumelelo Ventures. She has held previous board positions at Imperial Holdings, New Africa Investments, Banks Appeal Board and Insider Trading, Fintech, Morison International. She has also served on committees of the Independent Regulatory Board of Auditors and the SA Institute of Chartered Accountants. She has also chaired several boards including Morison International   Africa, SizweNtsalubaGobodo Inc and El Shaddai Equity Investments

Santam Limited appointed Ms Gugu Mtetwa to the Board as an Independent Non-Executive Director with effect from 8 February Gugu Mtetwa2017. Ms Mtetwa is a Chartered Accountant and served as a partner at PricewaterhouseCoopers from 2008 to 2014. She currently also serves as the audit committee chair of the Development Bank of South Africa. Ms Mtetwa holds a Bachelor of Commerce in Accounting and a Post Graduate Diploma in Accounting, both from the University of Cape Town (UCT). Ms Mtetwa will serve on the company’s Risk Committee. This is Ms Mtetwa’s second appointment to a board in less than two months, she was recently appointed to Italtile’s board.

These appointments demonstrate corporate South Africa’s changing landscape where we have witnessed an increase in the representation of black females on JSE listed company’s boards.

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