South Africa’s Nonkululeko Nyembezi is set to assume chairmanship of Alexander Forbes on the 1st of January 2018, becoming the first black chairwoman in the company’s 82 years history. It is obvious that women are recently breaking new grounds like never before
Following her appointment which was announced on the 29th of October 2017 by the South African financial services group, Alexander Forbes, Chief executive Nyembezi is set to ascend the prestigious role, on the first day of the new year as the new, independent, non-executive chairman.
Nyembezi would be the first chairwoman and also the first black female to ascend this position in the 82 years since the company was founded.
She is to succeed former chairman Sello Moloko whose tenure ended recently.
Nyembezi has held both executive and non-executive corporate positions in the past 30 years and is currently the independent non-executive chairman of the Johannesburg stick exchange (JSE) and a non-executive director of old mutual plc. She is also the chief executive of Inchor coal, an international mining industry in South Africa.
With vast knowledge in financial services, mining, IT and telecommunication sectors, it is no surprise that she clinched this prestigious position.
We Celebrate You Nonkululeko Nyembezi