Board of Directors

Chairman

Ebrahim Rasool

Ebrahim Rasool

Independent Non-executive Director

Born: 1962
Independent Non-executive Director from 30 November 2022

Holds a Bachelor of Arts and a Higher Diploma in Education from the University of Cape Town, an Honorary Doctorate of Humane Letters, Honoris Causa, by the Roosevelt University in Chicago, USA, and the Doctor of Public Service, Honoris Causa from Chatham University in Pittsburgh, PA. Ebrahim is the founder of the World for All Foundation, with a vision to create a just, sustainable, and dignified world for all, safe for difference and free of extremisms. Ebrahim Rasool is an anti-apartheid activist and social services leader and has built up extensive government experience, having led various departments like Health, Welfare, Finance and Economic Development in the capacity of Provincial Minister, former Premier of the Western Cape, and former South African Ambassador to the United States of America.

Executive Director

Boitumelo

Boitumelo Mosako

Executive Director (Chief Executive Officer)

Born: 1978
Appointed: 1 April 2023
Executive Director from 1 June 2018

A Chartered Accountant (SA) with over 12 years of experience in financial services. Her experience range from auditing, financial management and strategy. Before joining the DBSA, she served as the CFO at the South African Bureau of Standards (SABS), and before that, as general manager of finance at the DBSA. She also worked at Triumph Venture Capital, Citigroup and EY, respectively.

Zodwa-Mbele

Zodwa Mbele

Executive Director (Chief Financial Officer)

Born: 1971
Executive Director from 2 October 2023

A Chartered Accountant CA(SA) and holds a certificate in International Treasury Management (UK) in addition to her CA(SA) designation. She has attended the Harvard Business School's Advanced Management Program, the Stellenbosch Business School's Executive Development Program, and the Wits Business School's Management Advanced Program. Ms. Mbele previously held the positions of General Manager of Finance and Acting CFO at the DBSA, as well as Group Executive: Transacting.

Independent Non-executive Directors

Kenneth Brown

Kenneth Brown

Non-executive Director

Born: 1962
Non-Executive Director from 30 November 2022 (Shareholder Representative)

Holds a Master of Science (Public Policy) from the University of Illinois at Urbana Champaign, a Bachelor of Arts Honours (Economics), from the University of the Western Cape and a Bachelor of Arts, from the University of the Western Cape. He previously served as Head: Public Sector, Client Coverage, Corporate and Investment Banking at Standard Bank of South Africa and he is currently serving as Head: Business Development at Trade Capital Investments. He has extensive public sector experience in government having served as South Africa’s first Chief Procurement Officer in the National Treasury and also served as the Deputy Director General in Inter-governmental Relations within South Africa’s National Treasury. His area of expertise covers supply chain management, public sector banking, procurement, intergovernmental relations, and strategic Management.

Martie Janse Van Rensburg

Martie Janse Van Rensburg

Independent Non-Executive Director

Born: 1957
Independent Non-executive Director from 1 January 2016

A Chartered Accountant (SA) who holds a BCompt Hons from the University of South Africa and a BCom from the University of the Free State. A former Chief Executive Officer for Trans-Caledon Tunnel Authority skilled in strategic business planning, internal audit, corporate governance and development finance (project finance and infrastructure planning and delivery). She has previously and currently served and or serve in various board capacities in private and public institutions.

Barry Hore

Barry Hore

Independent Non-Executive Director

Born: 1960
Independent Non-executive Director from 2 October 2023

Holds a BCom from the University of Natal as well as a certificate from Harvard University's Advanced Management Program. He has 30 years of experience as a Chief Technology Officer and Chief Information Officer getting the technology right. Mr Hore has an in-depth knowledge of SARB bank regulatory standards and related reporting, as well as banking, both corporate and retail. He has extensive expertise in cyber security, ICT infrastructure, and process engineering. He oversaw the digitization of SARS and established Discovery Bank. 

Dinao Lerutla

Dinao Lerutla

Independent Non-executive Director

Born: 1980
Independent Non-executive Director from 30 November 2022

A Chartered Financial Analyst (CFA) with a Master’s in Development Finance from Stellenbosch Business School and a Bachelor of Business Science (Honours) from the University of Cape Town. She is a co-founder and Managing Partner of Maia Capital Partners Fund Management & Asset Management. She has a strong financial background (development finance, capital and financial markets) from different financial institutions. She has previously served in various board capacities in the following corporates and organisations; KZN Growth Fund, Development Equity Fund, Futuregrowth, Vumela Fund and Edge Growth

Petrus Matji

Petrus Matji

Independent Non-executive Director

Managing Director - Lion Infrastructure Africa
Born: 1966
Independent Non-executive Director from 2 October 2020

Holds an MSc (Engineering Sciences, Civil Engineering), from the University of Stellenbosch and an MBL, from the University of South Africa. Mr Matji is a civil engineer with in-depth knowledge of water, road and energy infrastructure. He has experience in project finance having raised funding for projects and has worked on projects in the rest of Africa. Previously served as a Chief Executive Officer ("CEO") of Roads Agency Limpopo SOC Limited (‘’RAL’’) where he oversaw road infrastructure planning, development, management and maintenance projects in the Limpopo Province.

Disebo-Moephuli

Disebo Moephuli

Independent Non-Executive Director

Born: 1964
Independent Non-executive Director from 2 October 2023

Holds an MBA from Dalhousie University, a BA in Economics from the University of Lesotho, and a certificate from the INSEAD's Executive Leadership Programme. Ms. Moephuli, a seasoned executive with more than 20 years of experience in leadership roles in the State-Owned Enterprises, financial services, freight transportation, and logistics industries, is currently self-employed and runs a consulting firm. Her extensive career has been marked by specialization in Risk and Corporate and Investment banking. Her expertise spans asset management, treasury management, international funding, infrastructure funding, and local government funding. 

Jonathan-Muthige

Jonathan Muthige

Independent Non-Executive Director

Born: 1967
Independent Non-executive Director from 2 October 2023

Holds a BA Hons from the University of KwaZulu-Natal. He also holds a PMD from Damelin, Strategic HR Management Programme from Harvard Business School and a certificate in Advanced Management Programme from the Wharton Business School. Mr Muthige oversees five countries as the group's chief human capital and transformation director for Alexander Forbes. He is a prominent HR executive with over 30 years of experience in the field.  He has a commendable combination of leadership experience in operations and human resources in South Africa and other international markets. He currently serves as the NED of the non-profit organization Help2Read.

Chantal-Naidoo

Dr Chantal Naidoo

Independent Non-Executive Director

Born: 1970
Independent Non-executive Director from 2 October 2023

Holds a PhD from the University of Sussex (explored the role of Financial Services in supporting Sustainability-SA’s IPP), MA in Development Finance from the Stellenbosch University, certificate in Programme: Sustainable Leadership from the University of Cambridge and Int’l EDP, from BankSeta, PGDip: Tax Law from the University of Witwatersrand and BCom from the University of Cape Town. Dr Naidoo has extensive experience in Investment and Corporate Banking, ESG Investments, and Global Climate Change. She currently serves as a director of Rabia Transitions (NFP), a business she established in 2013.

Joel Netshitenzhe

Joel Netshitenzhe

Independent Non-Executive Director

Born: 1956
Independent Non-executive Director from 2 October 2023

Holds a MSc: Financial Economics from the University of London, PGDip: Economic Principles from the same institution and incomplete MBChB from the University of Kwa-Zulu Natal. Mr Netshitenzhe has a background in economics and social sciences and is a seasoned executive and renowned leader known for his political savviness. He currently serves as the executive director of the Mapungubwe Institute. He has also held significant positions with the Presidential Committee for SOEs & Development Finance Institutions and Life Healthcare Group. He has held significant positions in the Presidency and the Government Communication and Information System in the past

Pinkie

Pinkie Nqeto

Independent Non-Executive Director

Born: 1957
Independent Non-executive Director from 1 August 2017

Holds an MBA from the University of Charles Sturt, Australia, an Honours (Economics) from the University of South Africa and a BCom from the University of Transkei. Her skills range from business management, strategic management, people management, policy management and administration.

Bongani

​​Bongani Nqwababa

Independent Non-Executive Director

Born: 1966
Independent Non-executive Director from 2 October 2020

A qualified Chartered Accountant who holds a Master’s degree in Business Administration with Merit from the Universities of Manchester and Wales, Bangor. He is an experienced finance executive with strong leadership and strategy development experience. He was Joint-Chief Executive Officer and Joint-President at Sasol Ltd and Chief Financial Officer and Executive Director of Shell Southern Africa, Eskom Limited, Anglo American Platinum and Sasol Limited. He is the founder of BN Africa Capital (Pty) Ltd which has a focus on investments in his areas of expertise in Africa.

Edgar Pieterse

Professor Edgar Pieterse

Independent Non-Executive Director

Born: 1968
Independent Non-executive Director from 2 October 2023

Holds a PhD from the London School of Economics & Political Science and a BA: in Social Science from the University of the Western Cape. Prof Pieterse is a highly accomplished professional with extensive experience in academia, policy development, and non-profit leadership. As the Director of the 5 African Centre for Cities, he has established a leading research platform focused on sustainable human settlements across Africa. He is currently serving as a director and member of the Scientific Committee for the Chronic Poverty and Research Centre, the Third Sector Research Network Association, the Development Studies Association, and the National Advisory Council for the South African Chapter of the UNESCO Policy Nexus program..