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COMMENTATOR ON SOUTH AFRICA
MCEBISI HUBERT

JONAS

Mcebisi Jonas is one of four Presidential Investment Envoys appointed by President Cyril
Ramaphosa to attract USD100-billion to South Africa over the next five years. He is also currently
a non-executive director on different company boards, as well as MTN. Jonas previously served
as Deputy Minister of Finance and as a Member of Parliament from 2014 to 2017. During this
time he helped to steer South Africa’s economy through one of the country’s most difficult post-
democratic periods. He also served as Chairperson and Non-Executive Director of the Public
Investment Corporation, the state-owned pension fund manager and one of Africa’s largest
investment managers.

Before his appointment to national government, Mr Jonas played a key political leadership role
in the Eastern Cape. Among other provincial ministerial positions, he served as a Finance MEC in
the province. He served as Chief Executive Officer of the Eastern Cape Development Corporation
(ECDC), a state-owned entity, which successfully amalgamated various smaller development
institutions. He also served as Chief Executive Officer of the Centre for Investment and Marketing
in the Eastern Cape, developing the investment promotion agenda for the province, which
resulted in the establishment of the ECDC, the Coega Industrial Development Zone and the East
London Industrial Development Zone. His activism has defined his political career. During the
anti-apartheid years he led a number of political activities both within South Africa and in exile.
He played a key role in the establishment of the United Democratic Front (UDF) in the Eastern
Cape. Upon his return from exile in the 1990’s, he was central to establishing the ruling African
National Congress (ANC) structures in the Eastern Cape. More recently, he played a seminal role
in the civic activism against state capture.

CHAIRMAN, KING COMMITTEE ON CORPORATE GOVERNANCE
LEAD INDEPENDENT DIRECTOR, JOHANNESBURG STOCK EXCHANGE

SURESH

KANA

Suresh is the Chairman of Murray & Roberts Limited and the lead independent director of the
Johannesburg Stock Exchange. He served as Chairman of Imperial Holdings Limited until its
unbundling in 2019.

He is the Chairman of the King Committee on Corporate Governance, Deputy Chair of the
Integrated Reporting Committee of South Africa and serves as a trustee of the International
Financial Reporting Standards Foundation, which oversees the setting of global accounting
standards. He serves as the Chairman of the Audit Committee of the United Nations World Food
Programme (WFP) based in Rome. The WFP aims at Zero Hunger and in 2019 reached 97 million
people with food assistance in 82 countries.

Suresh was the CEO and senior partner of PwC Southern Africa and PwC Africa and a member
of the PwC Global Board, until his retirement in 2015.

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