Acting Chief Executive Officer
Chief Financial Officer
Board Sub Committees: Human Resources Committee; Social and Ethics Committee; Credit and Investment Committee
MSc Finance and Financial Law; Postgraduate Diploma in Economic Principles; BA (Hons) Development Studies; BA Education
Appointed 01 January 2015
SA Corporate Real Estates; DBSA Kansai Plascon Africa; Harith General Partners; Centre for Education in Economics; Finance Africa: SA Corporate Real Estate Fund Managers.
Mr Moloto has extensive experience in infrastructure development, financial regulation, pension fund governance, energy regulation and legislative work. He has served on the boards Of the Pan African infrastructure Development Fund and the Government Employees pension Fund. He has served as a Member of Parliament and is currently Political and Economic Advisor to the Speaker of the National Assembly.
Board Sub Committees: Human Resources Committee; Social and Ethics Committee; LBIC Board; LBIC Human Resources Committee; LBIC Social and Ethics Committee
BA (Hons) Social Science (Hans); MBA with specialisation in Advanced Corporate Finance, Senior Executive Leadership Development Programmes Harvard and Wits
Appointed 06 January 2015
Lanseria International Airport; Nokubusa Holdings; LBLIC; Lanseria Holdings; Profibre Siyaphambile; Hulisani; Afmetco; Public Investment Corporation
Ms Hlatshwayo has a solid business management background that spans over 20 years. She has been a Partner at Ernst & Young; a Director in the Corporate Finance Division of Andisa Capital, a subsidiary of Standard Bank; a Product Manager at ABSA Bank; a Group Executive at Transnet driving the restructuring and Mergers and Acquisitions Portfolio; and a Product Manager at Telkom SA
Ms Hlatshwayo has skills in Corporate Finance, Business Process Re-engineering, Organisational Design, Corporate Strategy Development and Business Planning, Change Management and Programme and Project Management
Board Sub Committees: Risk and Governance Committee; Land Bank Audit adn Finance Committee
MA Rural Development Planning; BA (Hons), B. Journ, Senior Executive Programme (Havard & Wits Business Schools)
Re-appointed 06 January 2015
Ms Lund is General Manager for growth and diversification in corporate business development at Transnet SOC Ltd, which she joined in 2006 as General Manager or public policy. In 201 1 she established its corporate sustainability portfolio. From 2000-2005 Ms Lund was Head of Business Development and Senior Transaction Advisor in the Public-Private Partnerships Unit, National Treasury; and from 1995-2000 was Deputy Director-General in the Department of Land Affairs Ms Lund is a member of the Institute of Directors Southern Africa and its Sustainable Development Forum.
Board Sub Committees: Risk and Governance Committee; Human Resources Committee; Social and Ethics Committee; LBIC Board; LBIC Social and Ethics Committee
BA Social Science; Management Development Programme (Harvard Business School, Boston, USA); Post Graduate Diploma in Management
Re-appointed 01 March 2017
Thelma Ngcobo and Associates; Omanyuswa Spearheading Investments; Manyusa Petroleum (Pty) Ltd; LBIC; LBLIC; Elmonet Properties; TJMS Innovation Group; Intergalactic Investments; Kensani Facilities; Property Investments
A BA Social Science Graduate, holding a Post Graduate Diploma Graduate Diploma in Management (HR) from Wits Business (an Honours equivalent). Ms. Ngcobo participated in the prestigious executive education programme at Harvard Business School (PMD) 1995, and undertook diplomatic training in Zimbabwe pre- 1994 for the South African Government. She has also undertaken various short courses from INSEAD in France, as well as the UK
Ms Ngcobo is a management consultant with a wealth Of in depth experience in human resources, advocacy work, transformation and marketing research gained in large corporations as a member of the senior executive team over three decades. She worked at a wide variety of companies and became the first Black female General Manager in 72 years at the South African Reserve Bank. She serves on board committees at a number of institutions for Human Resources and Remuneration, Social and Ethics, as well as Risk where her skills and experience contribute to strengthening these boards.
Board Sub Committees: Credit and Investment Committee; LBIC Board; LBIC Audit and Risk Committee; LBIC Investment Committee
B Com; Certificate in Business Project Management: Diploma in Advanced Banking
Re-appointed March 2017
Aphiwa Risk Consultants; Amakha Farms; LBLIC
Ms Motau has wide experience gained from different environments and institutions, spanning the banking. regulatory and supervisory environment, credit risk rating and government policy formulation. Having started her career in banking, focusing on financial amlysi5 and development finance through the Development Bank of Southern Africa. she moved to the South African Reserve Bank to gain an understanding Of the environment within which banks operate. She has developed expertise in risk management. having managed the credit exposures of Government at National Treasury. In 2011 she launched a financial risk management consultancy. Aphiwa Risk Consultants (Pty) Ltd, focusing on the financial inclusion of the small micro enterprises into the formal sector through access to finance. Her projects include advising an strategy formulation for penetrating the informal market.
Board Sub Committees: Risk and Governance Committee; Human Resources Committee; Social and Ethics Committee; LBIC Board; LBIC Human Resources Committee; LBIC Social and Ethics Committee
Baccalaures Legum Civilum (BCC); LLB
Appointed 03 August 2015
Blue Crane Aviation; LBIC: LBLIC
Advocate Coetzee is an admitted advocate or the High Court of South Africa. She has extensive experience in leadership positions in both the private and public sector. She has played key roles in policy and strategy formulation, regional integration, structuring companies in the Public Enterprises arena, M&A transactions, high-value long-range infrastructure and other asset transactions, as well as regulator/ reform. She is well versed in the transport, logistics and energy sectors from a policy, strategy, legal and regulatory perspective.
In the corporate arena she led governance, risk management and compliance reform, flexible and cost contained procurement and contracting reform, structured negotiations, effective reduction in litigation liabilities and legal costs, as well as performance monitoring and evaluation. As a senior executive she is also well versed in consumer laws and competition law, having successfully resolved material competition law matters in South Africa, the USA and European Union.
Board Sub Committees: Credit and Investment Committee; Land Bank Audit and Finance Committee; LBIC Board; LBIC Investment Committee
MA Development Finance; BCom (Hons) Economics
Kumbuba investments; Studio Five Graphic Design; Matla Investment Holdings; Association of Black Securities; Investment Professionals
Ms Makgatho is the former Transnet Group Treasurer and was responsible for driving Transnet's funding strategy as well as managing rating agencies, investor and lender relationships. This amongst other things included raising a third Of the required funding for Transnet's R300 billion investment programme from debt capital markets. She led all aspects of the company's comprehensive funding strategy through various funding sources including commercial paper, domestic bonds, Development Funding institutions and bank loans, amongst others. She joined Transnet in 2007 as Head: Structured Finance and has been responsible for the origination and structuring Of debt capital market transactions (loans and bonds). She has also been responsible for developing Transnet's strategic approach to strengthen existing funding sources and build up new ones. Previously Ms Makgatho worked as a consultant responsible for Treasury and Economic advisory as well as the National Treasury and the National Institute of Economic Policy (NIEP).
Board Sub Committees: Risk and Governance Committee; Land Bank Audit and Finance Committee
BCom Accounting; Post Graduate Diploma in Accounting; Executive Leadership Development Programme; Personal Mastery Programme(GlBS); Partner Development Programme (GIBS); Advance Risk Management Programme; Chartered Accountant SA
Appointed 01 March 2017
DBSA; Santam; Italtile; Aviation Co ordination Services; Yethtu nvestments; Siyakhula Women Investments; Equites Property Fund; Siyingi Holdings
Ms Mtetwa is a Senior Executive with over 5 years of experience in the Financial Services and Telecommunications industries, specifically in Short and Long-term Insurance, investment Management, Real Estate and Technology. She qualified as a Chartered Accountant in 2004 and was admitted as a partner at PwC in 200B, where her clients included ABSA investment Management (AIMS), Sasria, and Liberty Properties. In 2012 she became a member of PwC Southern Africa's Management Committee (ManCo) heading up Transformation and Diversity. In 2014 she joined Vodacom as a Managing Executive in Finance. Ms Mtwetwa was nominated for the Top 35 CAS under 35 years in South Africa by SACA in September 2014.
Board Sub Committees: Human Resources Committee; Land Bank Audit and Finance Committee
BSc (Hons) (Wits); BVMCh (Medunsa); BVSc (Hons) (University of Pretoria); SEP (Harvard / Wits); MRSB (London); and MinstDir (SA)
Appointed: 1 June 2018
Onderstepoort Veterinary Pharmaceuticals.
Dr Cornelius is a veterinarian with extensive management experience in the agricultural and biological fields. His previous positions have included Head of Department (Superintendent General) of Agriculture Conservation and Environment (now called Agriculture and Rural Development) in the Gauteng Provincial Government.
Prior to that, he held positions as DDG in the Department of Agriculture, Forestry, and Fisheries, Director of the Veterinary Research Institute and subsequently Group Executive: Livestock at the Agricultural Research Council. He is currently a senior lecturer in veterinary physiology at the University of Pretoria and he holds a directorship in Onderstepoort Veterinary Pharmaceuticals.
Board Sub Committees: Risk and Governance Committee; Credit and Investment Committee
BAgric (University of Limpopo); BAgric (Hons) (University of Limpopo); Masters in Development Studies (University of Free State); and a Masters in Town and Regional Planning (University of Free State)
Mr M Makgoba is a development specialist with a background in town and regional planning and extensive experience in various related fields. His qualifications include: BAgric (University of Limpopo); BAgric (Hons) (University of Limpopo); Masters in Development Studies (University of Free State); and a Masters in Town and Regional Planning (University of Free State). Mr Makgoba holds no other directorships.
Bachelor of Laws (LLB); Bachelor of Arts (BA) in Politics and Law
Appointed: 1 October 2017
Mashumi is a law graduate with a keen interest in the good governance of organisations. He holds a Bachelor of Arts (BA) degree in Politics and Law from the University of Fort Hare; a Bachelor of Laws (LLB) degree from the University of the Witwatersrand (Johannesburg); a Higher Diploma in Company Law (H Dip Company Law) from the University of the Witwatersrand; and has fulfilled the requirements for the Programme in Strategic Management and Corporate Governance presented by the University of South Africa.
Mashumi’s extensive experience includes stints in private legal practice; various roles including Chief Operating Officer at the Africa Institute of South Africa (AISA); Executive Commission Secretary at the Financial and Fiscal Commission (FFC); Executive Company Secretary at the State Information Technology Agency (SITA); and as Director with Nicro Enterprise Finance (Khula) and NICRO Enterprise Finance Youth Fund (Umsobomvu).
Acting Chief Executive Officer
BAdmin; BAdmin (Hons): Industrial Psychology; Graduate Diploma in Marketing; MBA; Global Executive Development Programme
Sydney is a seasoned executive with experiences in both the Public and Private Sectors.
He is currently responsible for the Strategy and Communication division at Land Bank. Having joined the Bank in August 2015, Sydney held the role of Executive Manager: Commercial Development Banking before being appointed to his current role at the beginning of May 2017.
Sydney has a wealth of executive management and financial services expertise, honed over 30 years, a majority of which have included senior management roles in both the private and public sector at institutions including Chief Operating Officer at the South African National Parks; Assistant General Manager at the South African Revenue Services; Managing Executive for Vehicle and Asset Finance at Absa and Head of Vehicle and Asset Finance at Standard Bank.
Chief Financial Officer
Appointed: 3 February 2020
Khensani is a qualified Chartered Accountant and also holds a Master’s in Business Leadership.
She is an experienced finance executive with over 20 years’ experience in various sectors which include Retail, Agriculture, Insurance, Information Technology and several Banking Institutions. Her roles in these sectors included overall responsibility for complying with PFMA, GAAP, IFRS, financial policies and procedures as well as maintaining general financial discipline.
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