Executive Director

Boitumelo

Boitumelo Mosako

Chief Executive Officer

Born: 1978
Appointed: 1 April 2023
Executive Director from 1 June 2018
Academic qualifications:
• Advanced Management Programme, Harvard Business School 
• Chartered Accountant (SA) 
• Higher Diploma in Auditing, Accounting Professional Training 
• Postgraduate Diploma in Accounting, University of Cape Town 
• BCom Accounting, University of Cape Town 

Phindile Masangane

Dr Phindile Masangane

Group Executive: Programmes

Born: 1972
Appointed: 1 February 2026
Academic qualifications:
• PhD (Chemistry) from Imperial College London
• MBA, Wits Business School
• BSc (Mathematics and Chemistry) from the University of Eswatini

Zodwa Mbele

Zodwa Mbele

Group Executive: Chief Financial Officer

Born: 1971
Appointed: 1 July 2023
Executive Director from 2 October 2023
Academic qualifications:
• Advanced Management Programme, Harvard Business School 
• Executive Development Programme, University of Stellenbosch Business School 
• Management Advanced Programme, WITS Business School 
• Certificate in International Treasury Management ACT (UK) 
• Chartered Accountant (SA) 
• Bachelor of Accounting Science Honours, Unisa 
• Baccalaureus Paedonomia University of Zululand 

Zeph

Zeph Nhleko

Chief Economist and GE: Strategy & Sustainability

Born: 1974
Appointed DBSA: 1 July 2025
DBSA staff member from 1 February 2020
Academic qualifications:
• Program on Investment Appraisal and Risk Analysis, John Deutsch International Executive Programs Queen’s University, Canada
• Doctor of Philosophy in Management Studies, University of South Africa
• Master of Business Administration, Henley Business School University of Reading, United Kingdom
• Master of Commerce, University of South Africa 
• Bachelor of Commerce Honours, University of KwaZulu-Natal (Durban-Westville)
• Bachelor of Commerce, University of KwaZulu-Natal (Durban-Westville)