Nomkhita Cylda Nqweni

Non Executive / Other Non-Executive
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About

Independent non-executive director

Qualifications: BSc, Postgraduate Diploma (Investment Management), Advanced Management Programme, Harvard Business School

 

  • Member of the Audit, Risk and Compliance Committee and considered as a financial expert for purposes of this committee
  • Member of the Social and Ethics Committee

Nomkhita has more than 25 years financial services, asset management and insurance expertise, and is an experienced executive director of regulated entities. She is the former Chief Executive of Wealth, Investment Management and Insurance (Africa) at Absa Group Limited. As part of this role, she served as Managing Director and lead for Africa on the Barclays Wealth EMEA Exco responsible for teams in London and Geneva. Prior to joining Absa, Nomkhita was Managing Director of Alexander Forbes Financial Services Holdings Limited (Africa). She has served South Africa as the inaugural Chief Executive Officer of the Solidarity Fund, a rapid response relief partnership to strengthen resilience during COVID-19 and currently also serves as an independent non-executive director of Old Mutual Limited. In 2018 Nomkhita was recognised as the CNBC All Africa Businesswoman of the Year. Nomkhita was appointed to the Board in July 2022, having previously been appointed as an alternate director to Ms Mahayele-Dabengwa, from April 2020.

 

Personal Details

Title: Ms
Surname: Nqweni
DoB: 01/01/1976
Age: 50 years
M/F: Female
Nationality: South Africa
Country of Birth: South Africa
Language: English
Qualification: BSc, Postgraduate Diploma (Investment Management), Advanced Management Programme,
Industry:

 

Qualifications & Experience

 

Industry Experience +5yrs:
Industry Qualification +5yrs?:
Finance experience +5yrs?:
Finance Qualification +5yrs:
Legal experience +5yrs?:
Delinquent director?:
Other Experiences?:
Collapsed company director?:

 

Other directorships (state)

(only entities turnover at least $5m p/a)

 

Working history

Name

Other Executive

ABSA Group Limited
Appointed Date: 05/10/2011
Date Resigned: 01/11/2019
Industry: Banking

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Committee/s

CompanyCommitteeRoleAppointment DateResignation Date
Vodacom Group LimitedBoardMember01/07/2022
Vodacom Group LimitedAuditMember01/07/2022
Vodacom Group LimitedRisk & ComplianceMember01/07/2022
Vodacom Group LimitedSocial & EthicsMember01/07/2022
Old MutualBoardMember01/01/2025
Old MutualAuditMember01/01/2025

 

Independence Questions

Any family members working for the company?:
Are you doing business with the company?:
Do you hold shares in the company for more than 0.10%? (directly or by representation):
Is your Director annual fee more than 5% of your total income from all sources?:
Are you more than 10 years as a director?:
Are you an executive chairperson?:
InsidEntity has assumed that responses to the Independent Questions are NO as the company has not populated the information. The result will present the Director as Independent.
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