"We are going beyond the call of duty." She speaks proudly about Nedbank, especially about it's drive for transformation. Fehler berichten Die Organigramm Details von Raisibe Morathi … She describes her mother as “lovely”. Raisibe Morathi is joining them after spending over a decade at Nedbank, where she was responsible for leading a team of over 900 people. December 21, 2020 . Read more. Read more at the SA government's online coronavirus portal or use the 24-hour public hotline: 0800 029 999. Despite the slow economy, Morathi looks into the future with a positive feeling. The appointment comes in the same month that the group announced Ralph Mupita would be the new CEO, After ringing endorsements, the MTN CFO will take up the top job at Africa’s largest telecom firm — but it won’t come without challenges, Morathi joins the telecoms group from Nedbank, where she was CFO for more than a decade. Use of this site constitutes acceptance of our Terms & Conditions and Privacy Policy. But Pick n Pay reckons it got the right guy, Private health care businesses have far greater reach into rural areas than public health facilities, thanks to its network of independent GPs and pharmacies, Unions slam the government for failing to consult, or consider alternatives, to sweeping booze ban, Scientists estimate that vaccines will provide two to three years of immunity, A development in Joburg’s Lorentzville has won a major international award for pioneering a successful example of gentrification without displacement. Photo: Supplied Photo: Supplied Morathi appointment to help Vodacom expand into financial services Morathi says she is excited to be joining the company. Prior to Nedbank she held executive responsibilities in other large companies namely, she was an executive director of Sanlam Limited in 2008-2009 and between 2000 and 2007 … The bank has also grown footprints in areas where it was until recently unrepresented, she says. Safaricom Issues Serious Changes They Will Be Making In 2021. Meanwhile, MTN’s CFO Ralph Mupita begins his tenure as CEO this week. Over the past 19 years, Raisibe Morathi - current CFO of Nedbank - has gained a great amount of experience by serving in senior positions in banking and insurance. She has a … 2004 - 2006: Non-Executive Director Strate Ltd. 2003 - 2005: Non-Executive Director Incwala Resources (Pty) Ltd Illovo, 2000 - 2002: Director WBS (Pty) Ltd Johannesburg, BCompt(Hons), CA (SA), H Dip Tax, AMP (INSEAD), Nedbank Group LimitedEmployees: 29513Listed: JSESector: FinancialsIndustry: Banking. This has been a theme in Raisibe’s life. It operates in South Africa, other African countries, Europe, Asia, the United States, and internationally. Sarah Kuijlaars has been the chief financial officer of De Beers Group since 1 September 2020. It is true that in SA financial services still make up a relatively small piece of Vodacom’s earnings at R2bn in the year to March 2020, but the division did generate R18bn across the group in the period, including revenues from Safaricom. Source: CFO SA. As technology advancements continue to fuel these developments, it will be interesting to see just how far this goes. Ted Willcox. Jowayne van Wyk has been the chief financial officer of AEEI since 1 August 2020. Boost your knowledge, network and career, For Nedbank, where she became CFO in 2009, she has been an important part of a recent finance transformation which has affected the entire company. Before Nedbank, Morathi held several positions at the Industrial Development Corp, the last as chief operating officer. Eat the rich: Sars targets wealthy tax cheats, High noon as parties prepare for the polls, OBITUARY: Clive Michael Chipkin — Joburg’s most devoted sons, Absa’s mystery sale of SA’s largest house. Jaco Schreuder has been the chief financial officer of Barloworld Automotive since 2013. Raisibe Kgomaraga Morathi | Chief Financial Officer | Nedbank. Thabiso has been the chief financial officer of Aluwani Capital Partners since 2016. For her work as the CFO of Nedbank, Morathi has been nominated for the. When asked to describe herself, Morathi says that she is a people oriented person. She has, together with a team of strategy makers, managed to identify so called ' pockets of growth.' Raisibe Morathi is Chief Financial Officer, Executive Director at Nedbank Group Ltd. View Raisibe Morathi’s professional profile on Relationship Science, the database of decision makers. Q&A: Just how safe will SA’s vaccines be? 10 December 2019. Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January. View the profiles of professionals named "Raisibe" on LinkedIn. SA’s largest mobile operator appoints a CFO with a wealth of banking experience, which will help drive its financial services division, Vodacom CFO Raisibe Morathi. When asked to describe herself, Morathi says that she is a people oriented person. Raisibe Morathi Title/designation – Chief Financial Officer, Nedbank Group Limited Contact details – 011 295 9693 1.1. Raisibe Morathi. She served on the board of Sanlam for a while, and is still a director of the Thuthuka Education Upliftment Fund NPC, a charity organisation for the upliftment of black chartered accountants. Morathi filled the same position at Nedbank from September 2009. Over 350 top CFOs, VIPs and business partners attend the event annually to enjoy networking, entertainment and a scrumptious dinner. Tsundzukani was the executive director of group finance and administration of ItalTile from 2018 until 2020. Banks are also becoming more like telecoms companies (FNB and Standard Bank both have their own mobile networks), so the encroachment goes both ways. SHIRLEY DE VILLIERS: New law the final nail in restaurants’ coffin? She will join Vodacom from Nedbank, where she has been group CFO since 2009. Total group revenue for the past financial year stood at R90.7bn, meaning financial services made up a fifth of the pie. In addition, the company offers private wealth management, estate planning, wills drafting, executor, testamentary trust, tax, accounting, international trusts, and beneficiary and umbrella fund administration services; and life, home, car, travels, business, and commercial property insurance products, as well as invests in unit trusts. Over the past 19 years, Raisibe Morathi - current CFO of Nedbank - has gained a great amount of experience by serving in senior positions in banking and insurance. 0 . Morathi joins the company on the heels of its newly formed partnership with the world’s largest mobile payments provider, Alipay. For Vodacom, this has culminated in forming a financial services division born out of the remnants of the failed M-Pesa mobile money business in SA and headed by another alumnus of the finance sector, Mariam Cassim. Telecommunications giant Vodacom has appointed Raisibe Morathi as its new Group CFO, effective November 1. Read more. CFO South Africa. This isbecause detailing of functions depends on one’s general concept of leadership. Econet Group’s Strive Masiyiwa Appointed to Netflix Board of … View Raisibe Morathi’s profile on LinkedIn, the world’s largest professional community. For her work as the CFO of Nedbank, Morathi has been nominated for the CFO Awards 2015. Mobile operators looking to grow and capitalise on new revenue streams in the world of financial services seem to be filling their ranks with finance executives. 5 months ago. Nedbank Group chief financial officer (CFO) Raisibe Morathi has resigned from the company and will join Vodacom as its Group CFO from 1 November 2020. One of the few black women holding the position of CFO of a JSE-listed company, Morathi is a CA with a higher diploma in tax from Wits University and a certificate in advanced management from prestigious French business school INSEAD. JOHANNESBURG (Reuters) – South Africa’s Nedbank Group Chief Financial Officer Raisibe Morathi has resigned from the lender to take up a similar role at Vodacom Group, the companies said in separate statements on Tuesday. For most of her tenure at Nedbank, she was the patron of its Women’s Forum, demonstrating her commitment to the … Activities: Nedbank Limited provides various banking and financial services to individuals, corporates, and small businesses. 0 . We offer a full range of flexible insurance products so you can take out policies tailored to your individual requirements. Vodacom, SA’s largest mobile operator, has just appointed Raisibe Morathi as its CFO. © 2021 Arena Holdings. My mother had a strong personality and she was a teacher, so she inspired us … Additionally, the company offers investment banking solutions, including acquisition and leveraged finance, aircraft finance, black economic empowerment structured solutions, carbon finance, export credit finance, global commodity finance, preference share investments, private equity, resources finance, and securitization products and solutions, as well as finance for infrastructure, energy, and telecommunications projects; advice for corporate and institutional investors in the debt and equity capital markets; and equity, foreign exchange, fixed-income commodities, and credit solutions. For Nedbank, where she became CFO in 2009, she has been an important part of a recent finance transformation which has affected the entire company. Picture: Supplied. Raisibe Morathi, Nedbank’s chief financial officer. Faced with a drop in profit, big four bank Nedbank has invested R10 billion in digital technologies. She will join Vodacom from Nedbank, where she has been group CFO since 2009. Further, it provides business and corporate banking services consisting of transactional solutions; overdrafts, overnights, short term loans, debtor management, trade finance, vehicle and asset finance, and commercial property finance; and specialized solutions, as well as small business services. See the complete profile on LinkedIn and discover Raisibe’s connections and jobs at similar companies. Related posts. She comes from a family of five girls, raised by a single mother after their father passed away. Nonkululeko Dlamini has been the group chief financial officer of Transnet since July 2020. Thabiso Hermanus has been the head of finance at Altron Bytes People Solutions since August 2020. As telecoms providers venture into the world of financial services, Nedbank CEO Mike Brown should be more afraid of losing top talent to Vodacom than to FNB in the near future. It also provides credit cards; home, car, student, and personal loans; financial solutions to non-residents; financial planning services; financial services for companies and their employees; and travel check. Morathi, who steps into the role in November, will succeed Till Streichert. CFO, Raisibe Morathi took home R21.8 million, ME of Nedbank Retail and Business Banking, Ciko Thomas earned R18 million, and Nedbank Wealth’s Iolanda Ruggerio pocketed R12.9 million. Raisibe has 2 jobs listed on their profile. Zaida Adams will assume the role of chief financial officer at Investec Property Fund as of 1 December 2020. Vodacom Group CEO Shameel Joosub gives more clarity on the company’s ambitions and rationale for hiring Morathi: "Given Vodacom Group’s leadership position as a mobile money provider in Africa and our accelerated growth ambitions beyond traditional telecoms services, [Morathi’s] extensive financial services experience makes her an excellent addition. Value-for-money crop insurance covers your crops in the event of loss or damage that may be caused by wind, fire, hail, theft, drought and riots. Register (it’s quick and free) or sign in now. Banking group Nedbank said today that its chief financial officer (CFO) Raisibe Morathi has resigned from the role. Vodacom Group named its new CFO, bringing in Nedbank CFO Raisibe Morathi. Will new Pick n Pay CEO Boone prove his worth? Raisibe Morathi is a firm believer in the mantra "hard work pays". Currently, Raisibe Kgomaraga Morathi is Chief Financial Officer & Executive Director at Vodacom Group Ltd. "That said, Vodacom will be able to leverage off her experience in financial services.". Her financial services experience is extensive. Read more. Telkom has now waded into these waters, starting with a rebrand of its 70-year-old Yellow Pages to an e-commerce platform overseen by former banking executive Lunga Siyo. 10 December 2019. Don't miss out on an exceptional evening, book your table … Nedbank chief financial officer (CFO) and executive director, Raisibe Morathi, has resigned after 11 years in the position, the group said in a statement on Tuesday (25 August). Mehr über die Banken branche erfahren. Nedbank Limited is a subsidiary of Nedbank Group Limited. Prinisha Khoosal has been the chief financial officer of Bridgestone South Africa since July 2020. South Africa's Nedbank Group said on Tuesday Raisibe Morathi has resigned as the chief financial officer (CFO) and executive director of Nedbank … PROFILE: Who is Vodacom’s new CFO Raisibe Morathi? Would you like to comment on this article or view other readers' comments? Raisibe joins Vodacom from Nedbank Group, where she was the Group Chief Finance Officer since 2009. "We are going beyond the call of duty." Presently, Raisibe Kgomaraga Morathi occupies the position of Chief Financial Officer & Executive Director at Nedbank Group Ltd. and Chief Financial Officer & Executive Director at Nedbank Ltd. . Asathi Magwentshu has been the acting chief financial officer of Rebosis Property Fund since August 2020. A newborn infant can influence and change the behavior of his parents but this influence is notequivalent with power in the family.Functions of LeadershipThere is no unanimity of opinion as to what the functions of the leadership are. The bank has also grown footprints in areas where it was until recently unrepresented, she says. Her appointment follows the resignation of Till Streichert at the end of June. She was appointed as Chief Financial Officer, Executive Director of the group in September 1, 2009, and held senior positions in banking and insurance over the past 20 years. A former Old Mutual CEO, Mupita is a financial services veteran who, together with current boss Rob Shuter — himself a former banking executive — have overseen the expansion of MTN’s mobile money product MoMo to almost 40-million users. Raisibe Morathi will take up the position of Vodacom’s chief financial officer in November. Telecoms group Vodacom has appointed Raisibe Morathi as new CFO with effect from the beginning of November. She has, together with a team of strategy makers, managed to identify so called ' pockets of growth.' She had been CFO at the South African financial services group since 2009. Interviews with nominated CFOs concluded, Awards judges to decide Nationality: South AfricanCFO since: September 2009. The company is based in Sandton, South Africa. Jason Quinn. Interviews with nominated CFOs concluded, Awards judges to decide. However, Mthombeni offers a different take on Morathi’s move to Vodacom: "I don’t think the decision to appoint her is meant to be part of the move into financial services, because financial services is not a big enough earnings contributor to Vodacom to make an appointment based on those aspirations. She was responsible for leading a team of over 900 people involved in finance and operations and focussed on strategic decision making impacting the Group. Scammers Are Back With A New Festive Plan To Steal Money From You Using Safaricom. Like competitor MTN, Vodacom has looked to mobile money, e-commerce and other financial products for growth as traditional voice revenues have declined and data margins are increasingly squeezed. For Nedbank, where she became CFO in 2009, she has been an important part of a recent finance … Morathi has been the group CFO at Nedbank since 2009, where she was responsible for leading a team of over 900 people involved in finance, operations and strategy. I am here to answer your questions and tell you more about the CFO Community. She speaks proudly about Nedbank, especially about it's drive for transformation. SA retailers might be gung-ho about local goods — not so much CEOs. “Losing your father when you are five years old is not a nice experience, but I didn’t grow up feeling that something was missing from my life. JUSTICE MALALA: What if Cyril Ramaphosa resigns? In der Banken Branche hat Raisibe Morathi 72.144 Kollegen bei 4.836 Unternehmen in 192 Ländern. Please don’t hesitate to contact me. In the past Ms. Morathi was Chief Financial Officer & Executive Director at Nedbank Group Ltd. and Chief Financial Officer & Executive Director at Nedbank Ltd. (a subsidiary of Nedbank Group Ltd.) and Chief Operating Officer for Industrial Development Corp. of South Africa Ltd. PODCAST: Tough love and real science for Ramaphosa. Related posts. Raisibe Kgomaraga Morathi serves as Chief Financial Officer, Executive Director of the Company. All rights reserved. Vodacom Group has appointed Raisibe Morathi as its new group chief financial officer (CFO), effective 1 November 2020, when she will also be appointed to the Vodacom Group board. Raisibe Morathi. Raisibe Morathi biography. CFO Nedbank . Jubilant Speckman will be acting group financial director of Wescoal with effect from 1 September 2020. There are 300+ professionals named "Raisibe", who use LinkedIn to exchange information, ideas, and opportunities. She has over 18 years experience in the financial services sector. CFO Day 2018 - The annual CFO Awards recognises CFOs of listed companies, large corporations, state-owned entities and government institutions and awards them for outstanding performance and leadership. Raisibe Morathi has been the group Chief Financial Officer at Nedbank Group Limited since Sep 2009. Currently, Raisibe Kgomaraga Morathi is Chief Financial Officer & Executive Director at Vodacom Group Ltd. Raisibe Morathi, who served as CFO of Nedbank since 2009, has resigned from the banking group Raisibe Morathi. Please read our Comment Policy before commenting. Nolwandle Mthombeni, an investment analyst at Mergence Investment Managers, says Morathi "did a superb job navigating Nedbank out of the global financial crisis and oversaw the various Basel regulatory changes that helped Nedbank become as robust as it is now ... [Morathi] is of high calibre and brings skills that can be value-adding to any other sector.". Reach 45,000+ finance professionals today. Nedbank Group Chief Financial Officer (CFO) Raisibe Morathi has resigned from the company and will join Vodacom as its Group CFO from 1 November 2020 and her resignation will take effect from 30 September, and she will also be appointed to the Vodacom Group Board. All of this points to a group with a sharp focus on growing and expanding its reach in a market Morathi undoubtedly knows well. CFO Day. Raisibe Morathi “I would like to thank Sitho Mdlalose for his significant contribution as interim Group Chief Financial Officer during a time that happened to coincide with the unprecedented global pandemic. Narriman Taliep. © 2011 - 2020 CFO Enterprises. 6 January 2020. | Sitemap, Sign up for free! Click here to download our rate card. Raisibe has spent over 22 years in the financial services industry in South Africa, acquiring experience in banking and insurance. "[Morathi] has a proven track record in dealing competently with complex leadership challenges and driving strategic transformational change," says Joosub. Share via: … AgriPlus insurance also provides cover for death or impotence of registered livestock specified in the policy. Vodacom Group has announced Raisibe Morathi as its new Group Chief Financial Officer (CFO), from November 1, 2020, when she will also be appointed to the Vodacom Group Board. Nedbank Group Chief Financial Officer Raisibe Morathi has resigned from the lender to take up a similar role at Vodacom Group, the companies said in separate statements on Tuesday. December 18, 2020. The company accepts various deposit products, including current accounts, savings accounts, call and notice deposits, fixed deposits, negotiable certificates of deposits, call and term deposits, and cash management deposits. Despite the slow economy, Morathi looks into the future with a positive feeling. In his new role as CFO of Vodacom South Africa (VSA), Sitho will have dual reporting lines into Raisibe and Balesh Sharma, designate CEO of VSA,” concludes Shameel. Vodacom appoints Raisibe Morathi as Group CFO. All rights reserved. Stephen Pearce has been the financial director of Anglo American since 2017. Earlier this month, it launched Telkom Financial Services. How black-owned asset manager Mianzo is challenging the status quo, KATHARINE CHILD: If Ramaphosa wants vaccine rollout to work, the private sector is his best hope. 21.631 Veränderungen bei Führungskräften sind in den letzten 12 Monaten registriert worden. Vodacom, SA’s largest mobile operator, has just appointed Raisibe Morathi as its CFO. Raisibe Morathi will take on the role from 1 November, when she will also be appointed to the board as an executive director. 3 min read 0. SA’s biggest telecoms companies aren’t the only ones reading the tea leaves. Sitho Mdlalose has been acting as group CFO since Streichert’s departure. in People, Telcos. Raisibe Kgomaraga Morathi is Chief Financial Officer at Vodacom Group Ltd. See Raisibe Kgomaraga Morathi's compensation, career history, education, & memberships. CFO South Africa is the organisation that helps finance executives in South Africa boost their knowledge, network and career through summits, dinner events, CFO Magazine and CFO.co.za. Raisibe is a Chartered Accountant and holds additional qualifications in H Dip Tax and AMP (INSEAD). by Val Lukhanyu. , bringing in Nedbank CFO Raisibe Morathi … view the profiles of professionals named Raisibe... Tough love and real science for Ramaphosa on growing and expanding its reach a... This has been the chief financial officer ( CFO ) Raisibe Morathi as its CFO Morathi … the. To your individual requirements more about the CFO of Nedbank group Limited and Privacy policy thabiso Hermanus has the... 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