Alexander Forbes has announced the appointment of Thabo Mashaba as Group Chief Empowerment & Transformation Officer (GCETO). The company said all appointments are effective from 1 September 2017. “Mashaba was formerly GCHRO at Alexander Forbes and previously at ABSA bank, so his understanding of the financial sector and the B-BBEE transformation imperative is extensive,” read a statement of the Johannesburg Stock Exchange news service.
Alexander Forbes CEO, Andrew Darfoor said Thabo’s experience with the company’s brand and its people put him in an ideal position to spearhead our executive-level commitment to empowerment and transformation and to lead our diversity imperatives. “Included in his portfolio is our active contribution to society through the Alexander Forbes Community Trust,” said Darfoor.
Darfoor also announced the appointment of two more executives which he said they would join a highly experienced and driven leadership team that is already
strongly executing the Group’s strategy to grow its business in the three business pillars of institutional,retail and emerging market sectors. The executive joining Alexande Forbes are Naidene Ford-Hoon as Group Chief Financial Officer and Christian Schaub as Group Chief Human Resources Officer
“We are delighted to welcome Naidene and Christian to the executive team, alongside a new role for Thabo within the Group,” said Darfoor. The company said it has a crystal clear strategy and value proposition, a strong leadership team that is
aligned and focused on the delivery of its strategy with speed and precision, and a focus on delivering on the significant upside potential that exists for Alexander Forbes in building a globally distinctive pan-African financial services leader operating in South Africa and selected emerging markets.
“We have been strengthening our leadership team with executive appointments in key executive roles. Working with my colleagues, I am confident of the future success of our strategy in helping our clients achieve a lifetime of financial well-being and security,” concluded Darfoor.