board


Ms Tsakani Maluleke CA(SA)

Deputy Auditor-General at the Auditor-General of South Africa (non-executive Board Chairman)

As well as being a CA(SA), Ms Maluleke is also a Registered Auditor and has a post-graduate Diploma in Development and Public Management and a post-graduate Diploma in Accountancy BComm (Accounting).

Ms Malukeke is a highly accomplished, inspirational and results-driven leader with more than 20 years of experience in the private and public sectors, spanning diverse areas including Auditing, Consulting, Corporate Advisory, Development Finance, Investment Management and Skills Development. She is a respected business leader with 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, Public Investments Corporation (Africa’s largest asset manager), SAICA, IRBA, FAIS Ombud, Alt-X Advisory Committee and Fasset, which she chaired.

She 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 BEE, 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 has served as Chairman for 9 years).

She is currently the Deputy Auditor General and CEO of the Office of the Auditor-General of South Africa, the first woman to hold this executive position in the organisation’s 103-year history.



Mr Johan du Toit SC

B.Proc., LL.B (UFS); LL.M. (Corporate Law) (cum laude) (UJ).

Mr du Toit is a Senior Advocate, Johannesburg Bar; Barrister of the Middle Temple, London. Attorney 1979-1984, advocate since 1984, silk awarded 2006. Acting judge occasionally. He is a member of the Institute of Directors (SA and UK), a non-executive director of Imisebe Yethemba, an NPO serving the Alexandra community; and a non-executive director of Seraphim Financial Services (Pty) Ltd (derivative traders).

He has extensive experience advising governors on their legal duties and the principles of King IVTM. He has several journal publications on governance, one of which suggesting civil liability for certain state-capturers based on them being shadow directors. He is co-author of Shareholder Actions (Bloomsbury Professional, 2nd ed 2017) stating the law in England and South Africa on directors’ duties and shareholders’ rights. He regularly interacts with CAs providing calculations of loss or business valuation required in litigation.



Ms Babalwa Bekwa

BCom Hons, MBA, Head of Strategic and Systems Programme Office at Discovery Health Systems

Babalwa serves as a non-executive director on the CALIBA Group board and in her current role sits at EXCO management. She has 16-years IT experience and her core skills are in IT innovation, digital strategy and organisational transformation management, Digitisation strategy implementation including mobile application design, product innovation, digital marketing strategy and social media. Her digital strategy experience spans Banking (7 years), Public sector (5 years), Telecoms (4 years) and Insurance (1 year). She is passionate about guiding organizations on the strategic leverage that technology provides and people change management strategies. She is a proponent of sound business strategy, the value of accounting in protecting business integrity and practical financial governance.

She currently heads up the strategic project office at Discovery and is passionate about Robotics, Machine learning and data innovation. Her other skills/experience include data management (governance and insight management), IT performance metrics (IT controls, business continuity), Organisational Change and design (human capital management, change management, process engineering, people coaching etc.)



Ms Yasmin Forbes

MBA, Chartered Director [CD(SA)], Information Technology Executive and Business Consultant

Yasmin Forbes is a savvy technology industry executive with over 35-years extensive professional expertise and significant executive leadership track record.

Before starting her own business, Yasmin worked with Technology multinationals such as WordPerfect Corp, Novell, Hewlett Packard, Microsoft and Oracle predominately in Strategy, Sales, Technical and Business Development. After a successful career in leveraging technology as being an enabler for achieving business objectives working with teams across multiple geographies addressing business efficiencies and improving the bottom line. Yasmin coaches executives / directors on being tech-savvy in an environment where the cloud, big data, mobile, social media and the internet of things are changing the way businesses operate and how modern societies work.

Her combination of hands-on and executive experience positions her perfectly to provide substantial value as a SAICA Board member, particularly as it relates to addressing current economic and social challenges.



Ms Ilse Lubbe CA(SA)

Associate Professor, College of Accounting, University of Cape Town, South Africa

Ilse Lubbe is an Associate Professor at the University of Cape Town. She graduated at the University of Johannesburg and qualified as a CA(SA) in 1985. She completed her professional accounting training at the then Coopers and Lybrand (now PwC) and later joined a financial services group as CFO and company secretary at the time when the group listed. When the family moved to Cape Town she lectured at the University of Western Cape. In 2002 she started her long academic career at the University of Cape Town where she obtained a Masters in Higher Education degree in 2010. She received the Heltasa TAU (Teaching Advancement at University) Fellowship in 2016.

Ilse is currently a member of the Accounting Standards Board, its Technical Committee and the SAICA Public Sector Committee. She has been a member of the South African Accounting Academy (SAAA) Exco since 2013, is associate editor of Accounting Education, an international journal, and the South African Journal of Accounting Research (SAJAR).

Ilse has been involved in the education of Accounting professionals for more than 20 years and teaches at both undergraduate and postgraduate level. Her research interest is Accounting Education (with several publications in this field) and she is currently the team leader of the Ethics Collaboration Research Group. She is also the project leader of the capacity building team that supports the University of Zululand with the development of their undergraduate programme and subsequent SAICA accreditation.

Ilse was responsible for the planning, registration and development of the curriculum for the new Postgraduate Diploma in Public Sector Accounting (at UCT) and is the programme convener since its launch in 2015. Her role as the lead author of the textbook Financial Accounting, IFRS Principles (published by Oxford University Press), participation in panel discussions, presentations at conferences and research publications have contributed to her international profile.



Mr Bonolo Ramokhele CA(SA)

Partner in Charge at Differentia Chartered Accountants (Pty) Ltd

Bonolo graduated from Wits University and completed his articles at Deloitte and Touché. His awards include the World Economic Forum Global Shapers Alumni and SAICA Top 35 CA(SA) under 35 in SA (2014).

He is an entrepreneur and founder Executive Chairperson of Differentia group of companies. The entity has a M&A advisory firm, a bulk fresh produce retailer (Fresh Harvest), a meat processing and bulk meat retailer (Seshebo Meat) and a registered FSP short term and crop insurance business (Differentia Financial Services). He is also a partner of Huruma Inc. and part owner of a healthcare startup focusing on cervical cancer (Heal IT) and a veteran of a couple failed businesses. His Board experience includes: Chairman of the audit committees at CJC TVET College and Matthew Goniwe School of Leadership (Unqualified audit opinions) responsible for training all teachers in Gauteng and Chairman of the finance committees at Gauteng CET College. He was also appointed by the Deputy President to sit on the board of the South African National Aids Council Trust and is the Treasurer General of the apex organised business organisation in the country, the Black Business Council.



Prof. Monica Singer CA(SA)

ONSENSYS AG-South Africa Lead for Consensys

Monica Singer was the first CEO of South Africa’s Central Securities Depository (CSD), Strate (Pty) Ltd which she set up in 1998. Strate performs the back office functions for all the stock exchanges in South Africa and for money market instruments. In August 2017 Monica resigned as the CEO of Strate and all related board positions so she could concentrate on bringing blockchain technology to all relevant industries. In October 2017, Monica was appointed as South Africa Lead for Consensys. Consensys is assembling the tools needed to build and scale a world where distributed applications enable a new class of frictionless, global commerce with inclusion for all.

In 2018, Monica was appointed as one of the Patrons of the Corporate Governance Framework (CGF) Research Institute in South Africa. In June 2018, she was appointed board member of the Global Legal Identifier Foundation (GLEIF) based in Switzerland and in May 2019 she was appointed Professor of Practice in the School of Accounting in the University of Johannesburg. In May 2019, Monica was also appointed to represent Consensys on the Accounting Blockchain Coalition (ABC) board. ABC is defining market practices in accounting, auditing and tax for digital assets and distributed ledger technologies, including blockchain.

Monica has held numerous board and advisory positions. She was the Vice President of the African Middle East Regional Association of CSDs (AMEDA) and a member of the World Forum of CSDs (WFC). She was also involved in a number of charitable organisations including Strate Charity Shares and chaired for 10 years Afrika Tikkun Investment Trust.

Monica previously worked at the World Bank in Washington DC in 1995/96 and was the Technical Director of the South African Institute of Chartered Accountants (SAICA) from 1990 to 1996. Monica completed her articles with the audit firm Arthur Young (subsequently EY) in 1987. Monica has been recognised over the last 20 years with many awards, the most notable being the first winner of the Conscious Company award in 2017.



Ms Patricia Stock CA(SA)

Registered Auditor, CEO at AKA Africa Group

Ms Stock is a highly experienced, skilled and qualified Audit Executive, Director and Chartered Accountant with more than 12-years operational and senior management experience. She has a solid track record in leading and managing organisations, strategic business units, and teams in challenging and diverse environments. She is currently the CEO of AKA Africa Group, specialising in the provision of assurance, audit quality assurance, transformation (incl. BBBEE) advisory, people development (incl. SETA accredited training) and financial management and risk advisory services.

Prior to that, she was an Audit Director (Partner) and Head of Transformation for the group of companies under BDO SA and discharged various audit and audit quality assurance roles at the Auditor General of South Africa. She has a proven traceable record in providing leadership in financial policies and procedures, transformation advisory, relationship management, people development, governance and strategy implementation. She is passionate about contributing to the development of professional skills in Africa.

She is currently Audit Committee member of CBE, a Trustee at The Willis Towers Watson Trust and Non-Executive director of MIC.

Her past board and leadership roles include Non-Executive Director – FASSET (Board, ARC and REMCO chairperson); Audit Committee member – Service SETA and DoW; Non-Executive Director – Ripple Reading (NPO) ; Executive Director – BDO South Africa;Non-Executive Director - BDO Consulting Services; Non-Executive Director - Freedom Energy Holdings; Executive Director (Partner) - BDO South Africa Inc; Head of Transformation and Chairperson of the Transformation Advisory Committee - BDO South Africa Group; Senior Manager (Audit Engagement Partner) and Audit Quality Control Specialist - AGSA .



Ms Refilwe Matenche CA(SA)

Refilwe Matenche is currently a lecturer at the University of South Africa (Unisa) in the Department of Auditing. Refilwe has governance experience as the Chairperson of the Health and Welfare Sector Education Training Authority under the Department of Higher Education and Training and as a board member of the Free State Development Corporation. Refilwe’s passion for gender equality led her to being the Founder and President of the non-profit organisation for women professionals, the African Women’s Movement (AWM) with presence outside of South Africa.

Refilwe is also a member of the Golden Key International Honour Society resulting from her outstanding performance at the University of Witwatersrand as part of the top 15% in the institution. She was also a SAICA’s Top 35 under 35 2018 finalist for her outstanding contribution towards women-empowering initiatives.



Mr Jacobus Swanepoel CA(SA)

Jacobus Swanepoel is the President of the SAICA National Council. He served as a director of the Thuthuka Education Uplfitment Fund Board. He is a member of the Initial Professional Development Committee. He is actively involved in professional development at different levels.

Jacobus was appointed to the Board in July 2016. He was appointed by the Central Region Council to occupy one of two seats on the Board representing this region.

Jacobus Swanepoel has more than 25 years’ experience in the profession and has served for more than 10 years on various committees of SAICA on a regional front.