ABASA PAST PRESIDENTS

The Presidents’ Club is an informal grouping of past presidents and executive members of ABASA. The Club acts in an advisory capacity to the incumbent National President and Board. The main objective is to ensure that ABASA’s activities are carried from one executive committee to the next executive committee.

MEET OUR PAST PRESIDENTS

LWAZI BAM

ANDILE KHUMALO

JEFF VAN ROOYEN

JEFF VAN ROOYEN

1985 – 1990

Mr. Jeffrey Van Rooyen, Jeff, M.Com, CA (SA), AEP (Unisa) serves as the Chief Executive of Uranus Investment Holdings (Pty) Ltd. Mr. Van Rooyen Co-founded the Association for the Advancement of Black Accountants (ABASA) and served as its President. He served as Chief Executive Officer of the Financial Services Board (FSB) from July 1, 2000 to September 30, 2005. His distinguished career began shortly thereafter when he started his own practice to address the financial services needs of the black community.

Due to the rapid growth of his practice, he established a joint venture with Deloitte. Mr. Van Rooyen has an excellent understanding of economic issues and his Government assignments include working with the Auditor-General, Ministry of Finance, Ministry of Public Enterprises and the Greater Johannesburg Metropolitan Council. He serves as Non-Executive Chairman of SAB&T Ubuntu Holdings Limited. He was Chairperson of the Public Accountants and Auditors Board (PAAB) since 1995. He has been Non-Executive Director of SAB&T Ubuntu Holdings Limited since October 13, 2006. He has been a Non-Executive Director of SAB&T Ubuntu Holdings Limited since October 13, 2006.

Mr. Van Rooyen serves as Director of Pick n Pay Holdings Limited, Exxaro Resources Limited, Khanya Finance (Pty) Ltd., Prince Estate Agents (Pty) Ltd., Business Achievers Foundation (Pty) Ltd., Ennerdale Housing Association (Pty) Ltd., Guarantee Trust Black Enterprise (Pty) Ltd., Leshume Consulting (Pty) Ltd., Leshume Solutions (Pty) Ltd., Uranus Consultancy (Pty) Ltd., Uranus Financial Services (Pty) Ltd., Global Mandate Consulting (Pty) Ltd., The Graduate World of Work (Pty) Ltd., Uranus Investments Holdings (Pty) Ltd., Mobile Telephone Networks Holdings (Pty) Ltd., MTN Group (Pty) Ltd., Jeff van Rooyen Investments Holdings (Pty) Ltd., and Oracle Compliance. He served as an Independent Director of Sentula Mining Limited from September 11, 2008 to February 28, 2010. He serves as a Trustee of the International Accounting Standards Committee Foundation. He served as Director of Insurance Outsourcing Managers Holdings Ltd. since December 14, 2006 until July 3, 2008.

Mr. Van Rooyen served as a Director of Deloitte and Touche Services (Pty) Ltd., Ports of Promise Trading 800 (Pty) Ltd., Letsema Strategy Services (Pty) Ltd. and Professional Provident Society Insurance Company (Pty) Ltd. Mr. Van Rooyen qualified as a Chartered Accountant in 1981.

ANDILE KHUMALO

year

Andile is the Chief Investment Officer at MSG Afrika, a media and communications group he co-owns with business partner, Given Mkhari. He is also the Managing Director of the Group’s newest business, POWER 98.7, a Talk Radio station based in Johannesburg, South Africa. The group has operations in radio, advertising, TV production and corporate communications in various African countries.
Some of its well-known subsidiaries include radio stations Capricorn FM (www.capricornfm.co.za) and POWER 98.7 (www.powerfm.co.za), PR agency The Communications Firm (www.tcf.co.za) , television production firm Quizzical Pictures (www.quizzical.co.za) , and pan-African advertising agency MetropolitanRepublic (www.metropolitanrepublic.co.za).
MSG Afrika was recently awarded commercial radio broadcasting licenses in two other provinces in South Africa, i.e. the Free State and the Eastern Cape. The radio stations go live in 2016.
A Chartered Accountant by profession, Andile is a former Investment Banker with Investec Bank’s Corporate Finance division, a former member of the Takeover Regulations Panel, a member of the Financial Services Board’s Directorate of Market Abuse and a previous director of state-owned airline South African Airways.
He is the founder of mystartupsa.com, an online platform seeking to galvanize South Africans into becoming a nation of entrepreneurs and speaks internationally on entrepreneurship and its potential to build stronger developing economies.
Andile also presents a daily radio show, ‘POWER Business’ on POWER 98.7 weekdays between 17h00 and 18h00.

LWAZI BAM

year

Lwazi is the CEO of Deloitte Africa. He previously was an Executive member at Deloitte Southern Africa, responsible for the following:

  • Corporate Finance division
  • Strategy
  • Public Sector
  • Deloitte East and West Africa

His portfolio of experience covers mergers and acquisitions, valuations, and due diligence. His work has covered most industry sectors including transportation, consumer business, fuel and fleet management, technology, media and services.

Lwazi is a former member of the Securities Regulation Panel committee and also a past President of the Association for the Advancement of Black Chartered Accountants in Southern Africa. He currently chairs the African Children Feeding Scheme (“ACFS”).

Lwazi is a Chartered Accountant and also an Alumni of the Harvard AMP.

VICTOR SEKESE

TSAKANI RATSELA

JUNEAS LEKGETHA

JUNEAS LEKGETHA

1992 -1995

Mr J.M. Lekgetha is the founder of Ebony Financial Services (PTY) Ltd, South Africa’s first black accounting firm (now Ebony Group).

He distinguished himself in the accounting and business management fields through the example of leading a pioneering black-owned firm, providing quality accounting and financial management advice to multitudes of businesses in Southern Africa, and taking an active and spearheading role in several community and professional organizations, including the Black Management Forum (BMF).

Juneas chairs a number of Audit Committees. He currently resides in Gauteng, South Africa, and is born in South Africa

VICTOR SEKESE

2006 – 2008

Victor Sekese CA (SA) is the Chief Executive of SizweNtsalubaGobodo,the largest national black owned accounting firm.

He has extensive audit and consulting experience which has exposed him to various key industries like Information Communication Technology, Logistics Energy and Public sector. Victor Sekese is one of the most passionate business leaders in South Africa.

On Thursday 3 October 2013 he delivered a powerful presentation on corporate growth, as part of the 5th CFO South Africa event at the Saxon Boutique Hotel in Johannesburg. He enthralled everyone with his insight, intelligence and sense of humour – leaving his audience inspired and optimistic about doing business in this country.

Qualifications: CA (SA)
Affiliations: SAICA, IRBA
Industry/Department: Office of the Chief Executive Officer

MOSES KGOSANA

SATHIE GOUNDEN

FUTHI MTOBA

1998 – 2000

MOSES KGOSANA

Moses Kgosana is the Chief Executive Officer of KPMG. He was the Chairman of KMMT. What sets Kgosana apart from all the other highly qualified, experienced and ambitious partners at KPMG is that his management style perfectly suits the age.

Research has demonstrated that a team composed only of highly creative people does not make a creative environment, just as a team of like-minded people does not make an effective team. In today’s world it is recognised that the best team is a diverse and balanced one, with concepts such as employment equity probably being the least important element of today’s successfully diverse team. That is exactly what Kgosana has brought to KPMG under his tenure.

Kgosana was elected by his peers as KPMG CEO in 2006 – its first black CEO and the first black CEO of a ‘Big Four’ auditing firm in South Africa. The pace of transformation in a diverse organisation since that date has been ‘unbelievable’, he says, a factor mirrored throughout the entire profession.

SATHIE GOUNDEN

2000 – 2002

Sathie is a member of the board of directors and audit committees of a number of organisations including the Auditor General of South Africa, the Department of Home Affairs, ICASA, the Institute of Directors of South Africa, the Companies Tribunal and SARS.

Sathie was a former Chief Executive Officer of Gobodo Incorporated. He has a vast range of experience in accounting, auditing, business advisory and operational efficiencies, consulting, corporate governance, due diligence, forensic investigations, investment advisory, taxation, turn-around strategies and valuations. Sathie initially established the accounting practice of S.Gounden & Company prior to merging into Gobodo Incorporated. He completed his audit training at Kessel Feinstein (now Grant Thornton).

Sathie was a past President of ABASA (The Association for the Advancement of Black Accountants of Southern Africa), a Board member of the South African Institute of Chartered Accountants and a charter member of the BBC (Black Business Council). Currently, he is a stalwart of BBC and a national board member of ABASA.

Sathie has a B.Compt  from UNISA, a Diploma in Accounting from the University of Durban-Westville (now University of KwaZulu-Natal), a Certificate in Forensic Accounting from the University of Pretoria, is a Chartered Accountant of South Africa, Registered Auditor, Professional Accountant and Chartered Secretary.

FUTHI MTOBA

2002 – 2004

Born 11-07-1955 in Swaziland, Ntombifuthi Mtoba is the President of Business Unity SA. Mtoba is a qualified chartered accountant and chairman of Deloitte Southern Africa. She is the first black woman to be appointed as a partner by one of the big four accounting firms in South Africa. She is also the first to be appointed a board member of the firm.

Futhi Mtoba is President of Business Unity South Africa and Chairperson of the Council of the University of Pretoria.

Futhi enrolled at the University of Botswana and Swaziland for a BA in Economics and later moved to South Africa where she obtained her Honors in Economics, a BCom Honours and a Higher Diploma in Banking Law. She is a qualified Chartered Accountant.

She joined Deloitte & Touche in 1988 and became the first black female Partner at one of the larger accounting firms in South Africa as well as the first female Deputy Chairman at Deloitte Southern Africa. She has also been appointed the first female President of the Association for the Advancement of Black Accountants of Southern Africa (ABASA).

Futhi holds a number of other key positions which include:

  • President of Business Unity South Africa (BUSA)
  • Chairperson of Council of the University of Pretoria
  • Member of the Business Foundation of NEPAD
  • Member of the Board of the United Nations Global Compact, the world’s largest voluntary corporate citizenship initiative
  • Founder of TEACH South Africa, a programme which recruits Maths, Science, English and IT graduates to teach at schools in formerly disadvantaged communities

Futhi was named 2004 Businesswoman of the Year by the Businesswomen’s Association and Nedbank.

TANTASWA NYOKA

SIZWE NXASANA

ISRAEL SKOSANA

1995 – 1998

SIZWE NXASANA

Born 07-08-1957, Sizwe Nxasana is the Chief Executive Officer of FirstRand Limited. Sizwe served as Chief Executive Officer of Telkom SA Limited from 1998 to 2005.

He served as National President of Absa Group Limited from 1991 to 1994.

He holds a Bachelor of Accounting Science and is a Chartered Accountant.

TANTASWA NYOKA

1992 -1995

Tsakani is a qualified chartered account (CA) with nearly two decades of experience in the private and public sectors, spanning diverse areas that include Auditing, Corporate Advisory, Development Finance, Investment Management and Skills Development.
She has a wealth of governance experience gained through participation on numerous corporate boards and strategic committees, including: Aberdare Cables (Pty) Limited (Africa’s largest cable manufacturer), Onelogix Limited (a listed logistics company) , Public Investments Corporation (Africa’s largest asset manager), South African Institute of Chartered Accountants, Independent Regulatory Board of Auditors, FAIS Ombud, Alt-X Advisory Committee and Fasset, which she chaired.
Tsakani is a passionate advocate and active contributor to the growth and transformation of the Accountancy Profession, through her work with various organisations including Business Unity South Africa, Presidential Advisory Council on Black Economic Empowerment, African Women Chartered Accountants, the Association for the Advancement of Black Accountants of Southern Africa (where she is a Past President), as well as the CA Charter Council (where is serves as Chairman).
Tsakani Ratsela is currently the deputy auditor-general (DAG) of South Africa, the first South African woman to be appointed to this executive leadership position in the organisation’s 103-year history.
Ratsela is married with two children.

ISRAEL SKOSANA

1990 – 1991

Mr Israel B Skosana is a Chartered Accountant(CA)SA by profession. He obtained his university
qualifications from:

    • University of the North(now University of Limpopo) Bachelor of Commerce(B.Comm)
    • University of South Africa – Honours Bachelor of Accounting Science(Hons B.Compt)
    • Harvard University Graduate School of Business Administration – Advanced Management Program.(AMP)

He is one of the founder members and past President of the Association for the Advancement of Black Accountants of Southern Africa (ABASA), and has played an active role in promoting the development of talent in the accounting profession among black people and has been actively involved in ensuring that the accounting profession is inclusive.

He served as a Commercial Member of the Special Tax Courts for 10 years ; The first appointment was made by the former State President Nelson Mandela in 1996 to 2001 and The former President Mbeki re appointed him for a further
five year term since.

Skosana was the first Chairman of the South African Civil Aviation Authority(Oct 1998- April 2005) this was a Ministerial appointment he therefore worked with Ministers Maharaj, Radebe and the late Minister Omar

He was among the first non-executive directors of the Financial Services Board and the Policy Board for Financial Services. Mr Skosana was a Honorary Professor in the Department of Accountancy and Financial Management at the University of Pretoria, and also Professor Extra ordinaries in the department of Applied Accountancy at the University of South Africa (UNISA).
He has extensive leadership experience. He was the first black Group Executive Director and member of the Executive Committee of the ABSA Group until Feb 2006. Previously he was the Chief Executive of South African Express Airways ( a regional airline operator) and Managing Director of Sarhwu Investment Holdings (a former transport union investment holding company) Mr Skosana has held various financial posts at the Anglo American Corporation, Deloitte, IBM and NSB.
He is a Fellow of the Institute of Directors. He is currently the Executive Chairman of Kapela Holdings. He is also a non-executive Chairman of Xon Holdings, Marsh and SPX Flow Technology. He is a non- executive Director of BP (Southern Africa) he chairs its Audit and Risk Committee, American Tower South Africa and a Member of Council of the University of Pretoria. Skosana was an independent non-executive director of Transnet SOC where he was a Chairman of its Audit Committee and a member of its Risk Committee. In the past Skosana was, among others a director of Old Mutual Life Assurance and Old Mutual Life Holding; where he was the Chairman of the Group Audit Committee responsible for South Africa and the entire emerging markets ie Mexico, Colombia, African countries other than RSA; China and India)

TSAKANI RATSELA

2008 – 2010

Tsakani is a qualified chartered account (CA) with nearly two decades of experience in the private and public sectors, spanning diverse areas that include Auditing, Corporate Advisory, Development Finance, Investment Management and Skills Development.

She has a wealth of governance experience gained through participation on numerous corporate boards and strategic committees, including: Aberdare Cables (Pty) Limited (Africa’s largest cable manufacturer), Onelogix Limited (a listed logistics company) , Public Investment Corporation (Africa’s largest asset manager), South African Institute of Chartered Accountants, Independent Regulatory Board of Auditors, FAIS Ombud, Alt-X Advisory Committee and Fasset, which she chaired.

Tsakani is a passionate advocate and active contributor to the growth and transformation of the Accountancy Profession, through her work with various organisations including Business Unity South Africa, Presidential Advisory Council on Black Economic Empowerment, African Women Chartered Accountants, the Association for the Advancement of Black Accountants of Southern Africa.

Tsakani Ratsela is currently the deputy auditor-general (DAG) of South Africa, the first South African woman to be appointed to this executive leadership position in the organisation’s 103-year history.

ABASA