Page 101 - IRMSA Risk Report 2021

CHIEF EXECUTIVE OFFICER , AFRICAN BANK HOLDINGS LIMITED AND
AFRICAN BANK LIMITED
BASANI

MALULEKE

Basani assumed her role as Chief Executive Officer of African Bank in April 2018. She served as
an independent non-executive director from July 2015 and joined the executive team as Group
Executive Head of Operations in July 2017.

Having qualified as an attorney at Edward Nathan Sonnenbergs, she joined FirstRand Bank
Limited as a member of RMB corporate finance in 2005. She subsequently joined the FNB
Division as the Head of Private Clients in 2011. Basani is a member of the African Leadership
Initiative, the Aspen Global Leadership Network and a member of Council of Witwatersrand
University.

CHAIRMAN, JOHANNESBURG STOCK EXCHANGE

NONKULULEKO

NYEMBEZI

A seasoned business leader, leader, Nonkululeko has served at leadership or senior executive
level at multinational organisations such as ArcelorMittal Group, Ichor Coal N.V., Vodacom and
IBM. Her governance roles include non-executive director positions on the boards of Standard
Bank Group, Anglo American plc and Macsteel Service Centres, which she chairs.

She is well versed in advocacy for business through her role as Chair of Business Leadership
South Africa, an industry body representing some of the largest corporates in South Africa. She
has been a member of the B20 for a number of years, primarily participating in task teams
focusing on mechanisms to allow for cross-border private sector participation in infrastructure
development.

She has a B.Sc. Honours degree in electrical engineering from the University of Manchester
Institute of Science & Technology and a Masters degree in the same discipline from California
Institute of Technology. She also has an MBA from the Open University (UK).

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