Board of Directors

Chairman as from 22 September 2021
Born: 1960
Independent Non-executive Director from 1 August 2014

Holds a PhD from the University of Warwick, United Kingdom, a Bachelor of Arts Honours from the University of the Witwatersrand and a Bachelor of Arts from the University of the Witwatersrand. Prof. Swilling is an international expert in sustainable development, with over thirty years of experience in ‘societal transitions’ (with special reference to urban systems), initially with a focus on democratization and governance during the Apartheid era, and more recently within the wider discipline of sustainability studies at the global level. Currently a distinguished Professor of Sustainable Development, at the School of Public Leadership, Stellenbosch University.

Born: 1943
Independent Non-executive Director from 2 October 2020

Holds an honorary doctorate in Economics from the University of Zululand, and an MBA (International Finance), from Ball State University, USA. Dr Gaby is a respected business leader with extensive corporate finance; banking and general management experience acquired over thirty (30) years in various countries. A seasoned individual who has led complex institutions and has multinational and extensive experience in the rest of Africa. Mr Magomola has previously worked as CEO of several entities including Korang INV Holdings, Future Bank, African Bank and City Bank Africa amongst others.

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.

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.

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

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.

Born: 1971
Independent Non-executive Director from 1 August 2017

Holds PhD Mathematics from the University of Washington, USA, a Masters's in Financial Engineering from the University of California at Berkeley, USA and in Applied Mathematics, from the University of Washington, USA, and BSC Honours in Mathematics from the University of Zimbabwe. A mathematician, corporate executive, academic, businessman and entrepreneur, he is the founder and president of Dura Capital Limited and currently a Group CEO of CBZ Holdings, a financial services conglomerate (company) in Zimbabwe. He is experienced in leading all aspects of Banking operations.

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.

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.

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.

Born: 1971
Independent Non-executive Director from 1 August 2014

Holds an MBA from Wits Business School and a BSc Eng. (Mechanical) from the University of Natal. A strategy and Investment banking professional with broad sector experience including telecommunication, energy & power, construction, mining and heavy industries focused on black economic empowerment.

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, a Bachelor of Arts, from the University of the Western Cape and a Primary Teachers Diploma from Perseverance Training College. 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.