Team

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 

Born: 1982
DBSA Staff member as from 1 October 2021
Acting Chief Risk Officer as from 1 February 2026
Academic qualifications:
• Strategic Executive Program Africa, Harvard Business School
• Master of Business Administration (MBA), University of Pretoria
• Bachelor of Commerce, University of Natal-Durban 
• Commercial Banking Mastery Certification, Moody’s
• Climate Change and Sustainable Finance, Moody’s
• ESG Risk Assessment Fundamentals, Moody’s
 

Born: 1969
Appointed: 1 March 2026
Academic qualifications
• MBA (Finance), Henley Management College, Reading University (UK) 
• LLB (Law), University of Pretoria 
• BLC (Law), University of Pretoria 

 

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

Kenneth’s career reflects a commitment to driving strategic initiatives and fostering partnerships in the public and private sectors. His wealth of experience contributes to the DBSA's mission of promoting sustainable development in Southern Africa. Kenneth's expertise spans executive positions in business development and client coverage. Before his role at DBSA, Kenneth held the position of Executive for Business Development at Trade Capital Investments (TCI) for four years.

He has an extensive background in the financial sector, having also served in leadership roles at Standard Bank South Africa, including Head of Public Sector Client Coverage for one year and six months. Before his tenure at Standard Bank, Kenneth dedicated a decade to the National Treasury of South Africa, where he served as Chief Procurement Officer (CPO) for four years and Head of Intergovernmental Relations for six years. In these roles, he oversaw provincial and local government finances.

Kenneth 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.

Born: 1968
Independent Non-executive Director from  1 July 2025

Malemolla David Makhura brings a wealth of strategic leadership expertise in public policy, institutional governance, and stakeholder engagement. He offers deep insight into aligning policy objectives with sustainable socio-economic outcomes an asset that will directly benefit the institution’s long-term developmental agenda.

Mr. Makhura’s extensive experience in economic and social policy, public sector reform, and infrastructure-led development equips him to provide informed oversight and strategic input in advancing inclusive growth. His ability to integrate political and economic insight with governance acumen will strengthen the institution’s positioning in driving sustainable infrastructure investment and development impact. He has consistently demonstrated a capacity to engage effectively across government, academia, and civil society, both locally and across the African continent. This will enhance the institution’s external relations and its ability to navigate complex stakeholder environments. Mr. Makhura is deeply committed to leveraging infrastructure as a catalyst for economic transformation and social upliftment. His leadership will contribute to deepening the institution’s impact and responsiveness to developmental challenges.

He holds a Master of Science (MSc) degree in Public Policy and Management from the University of London.

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

Barry Hore brings invaluable insights and strategic direction to the DBSA, where his expertise can facilitate innovation and digital transformations aligned with the Bank's objectives of fostering economic development and financial inclusion in the region.

Hore’s expertise encompasses a profound understanding of banking information technology & operations across corporate and retail sectors including a comprehensive knowledge of ICT infrastructure, cybersecurity, banking regulation and process engineering. His experience extends beyond ICT and banking. He is a strategy, operations, and change management expert with the ability to transform ideas into delivery. Noteworthy achievements include overseeing the modernization and digitisation of SARS and playing a leading role in establishing Discovery Bank as a real-time, ‘mobile-first, digital native’ bank from an idea to its successful launch. With such a robust background, Hore brings invaluable insights and strategic direction to the DBSA, where his expertise can facilitate technological advancements and digital transformations aligned with the Bank's objectives of fostering economic development and financial inclusion in the region. 

He holds a BCom from the University of Natal as well a certificate from Harvard University's Advanced Management Programme.