SAICA Profiles - Senior Management

Last Updated Monday, March 15, 2021 11:54:09 AM


Freeman Nomvalo

Chief Executive Officer

Aside from being a Harvard alumnus, Mr. Nomvalo was also South Africa’s Accountant-General from 2004 to 2013 where one of his highlights was working with the British Commonwealth to assist in promoting internal audit and risk management in 18 Caribbean Countries from 2009 to 2011.
In June 2013, he took up the role of CEO at the State Information Technology Agency until March 2015. Since then he has worked as a business consultant and established an Adaptive Leadership Practice to help organisations drive sustainable value-adding change.
Lwazi says: “The SAICA Board has chosen a steadfast operator that has been given the mandate to restore trust in the chartered accountancy profession. The Board believes that SAICA will benefit from Mr. Nomvalo’s experience with the broader accounting profession, specifically his previous role in the development of the accounting profession legislation and policy. The Board looks forward to his contribution as we not only deal with the current challenges but also with preparing the chartered accountancy profession to respond to the ever-changing environment.”
Following in the footsteps of Terence and Fanisa, Mr. Nomvalo says: “I relish the challenge of addressing the strong mandate given to me by the SAICA Board and look forward to working with all of the Institute’s stakeholders to provide leadership which will ensure that trust in the chartered accountancy profession is restored.”   Mr. Nomvalo’s commencement date is Friday, 1 February 2019.

Jaco Snyman

Executive Director

Jaco is a recognized and experienced specialist in various areas related to Corporate Governance. These include, risk management, compliance, company secretariat and administration and corporate legal advisory. He obtained BA (Law) and LLB degrees from the University of the North West (as it is now known) by 1992. He then qualified as an Attorney of the High Court of South Africa in 1995. He subsequently also obtained two master degrees (a MBA and LLM) as part of his formal qualifications.
After practicing law at some of the corporate legal firms in Sandton, he joined Absa Bank where he initially acted as the head of a legal department but then joined Absa Corporate Finance. Following that joined the office of the Group CFO where he assisted with the management of the group investment committee of the group. He also proved very successful in various projects including the implementation of a governance system for the management of subsidiaries in Africa. He left Absa in 2007 to join PPC. Jaco has extensive experience as the Group Company secretary of a dual listed company and this is supported by his experience in corporate and commercial law, corporate governance, and risk and compliance management at executive level.

Fanisa Lamola CA(SA)

Chief Operating Officer

Her professional career started in 1995 at Anglo American, after which she then joined JP Morgan Securities as a Management Accountant. She progressed to join KPMG, Polokwane Office, in the position of Manager Municipal Finance. She later joined the Limpopo Provincial Treasury where she worked as the Provincial Accountant General.
Prior to joining SAICA in May 2012, Lamola was the City Manager for the City of Polokwane, a move that bolstered the city's good governance standing and socio-political profile as she was the first female municipal manager to be appointed by the city.
She served on various committees and councils, including being the chairperson of the Limpopo University Advisory Council for the School of Accounting.
Being a hard worker and a dedicated achiever, Lamola acquired more than ten years of her experience at higher management level, both in the private and public sector. The experience has given her a very clear understanding of the constitutional and legislative environment.

Chantyl Mulder CA(SA)

Executive Director: Nation Building

Chantyl Mulder joined SAICA in 1999 to head up the Education and Training division which was newly set up after the education and training of CAs moved from the IRBA to SAICA. A year later when SAICA got its first African CEO, Chantyl was tasked with the responsibility of coming up with relevant programmes that would transform the profession’s new members joining to be reflective both in terms of race and gender . In 2002 Thuthuka Education Upliftment Fund was established and the first programme in the Eastern Cape was launched, which included the capacity building of the University of Fort Hare. The Thuthuka Bursary Fund was established in 2005, then The Hope Factory in 2006 and the AAT(SA) in 2010. Over the last years since inception, nearly R2 billion has been raised for all these initiates and programmes.
Chantyl is the Chairman of the AAT(SA). She is a former CUT Council member and is currently a WSU Council member and chair of the Finance Committee as well as a member of The Technical Working Group which advises the Human Resource development Council, chaired by the Deputy President, on human resource development in South Africa - which is a ministerial appointment.
The President of South Africa has elected Chantyl to serve for another term on the Presidential Broad Based Black Economic Empowerment Council . Through SAICA Chantyl is currently running a R200 million project with the Department of Higher education and Training to assist TVET colleges in the area of financial capacity building as well as HR issues.

Maria Bouah CA(SA)

Executive Director: Members and Global Alliances

Maria Bouah has joined SAICA on 8 June 2020 as an Executive Director: Members and Global Alliances. She previously held various positions with increasing responsibilities in a number of well-known South-African organisations with the focus on governance, business processes and systems optimisation, promotion of the technical expertise, talent development and retention.
She has more than 20-years’ experience in financial roles in many countries and her core skills are in technical aspects of the legal and accounting professions, change management, finance processes innovation and effectiveness and social development through education and training. She is particularly passionate in promoting the leadership role of the finance professionals not only within the business community but within the society as a whole.
Maria is also a qualified Lawyer

Nasiegh Hamdulay CA(SA)

Senior Executive: Risk and Compliance

Nasiegh Hamdulay, a South African chartered accountant, studied at the University of Cape Town and trained with Ernst & Young. He left Ernst & Young as a Senior Audit Manager to join Old Mutual Asset Managers as credit analyst, before joining SAICA in 2007.
He has represented SAICA on various external committees including the Nelson Mandela Metropolitan University (NMMU) Academic Advisory Committee, the KPMG Audit Committee Forum and the University of the Western Cape (UWC) Advisory Committee.

Robert Zwane CA(SA)

Senior Executive: National Projects

Robert Zwane CA(SA) is the Senior Executive: National Projects and his responsibilities are mainly driving SAICA’s Transformation and Growth strategy.
Robert was previously the Director for the Education and Transformation Department at the Independent Regulatory Board for Auditor (IRBA), where he was instrumental in a number of initiatives, including leading the implementation of the Audit Development Programme (ADP).
He spent some time at the University of Johannesburg (UJ) in various positions, including being an academic trainee, a senior lecturer and a House Warden at one of UJ residences. He completed his training programme with one of the Big 4 firms.
On a global scale, Robert sat on the International Federation of Accountants’ (IFAC) International Accounting Education Standards Board (IAESB) as a technical advisor to the South Africa representative. He was also a member of the Education Committee of the Public Accountants and Auditors Board (PAAB) of Zimbabwe.

Gugu Makhanya

Senior Executive Nation Building

Gugu Makhanya, SAICA's Transformation and Growth Project Director manages the Thuthuka Education Upliftment Fund allocated projects (at school, undergraduate and QE levels) from proposal and fundraising stage through to contracting, implementation, monitoring, reporting and closure.
She holds a B Admin degree from the University of Zululand, Honours in Industrial Psychology from the University of KwaZulu Natal, Higher Diploma in Corporate Law and Project Management & Public Relations Certificates.
Makhanya has extensive experience in project management. Before joining SAICA, she worked as a recruitment consultant at Quest Personnel after which she joined NBS Bank now BoE. She also worked briefly as a public relations officer for an interior decorating warehouse.

Mandi Olivier CA(SA)

Senior Executive: Professional Development

Mandi Olivier CA(SA), who started at SAICA in 2005 has overall responsibility for all aspects related to pre-qualification as a CAs(SA) within the Professional Development unit. This includes Education, Exams and Training. The Professional Development unit forms part of Nation Building.
Her responsibilities include developing and implementing strategy for the Professional Development Unit, overseeing the setting and administration of the Qualifying Exams (Part I and Part II), defining the competency framework for CAs(SA) at entry level into the profession, overseeing training and the training requirements, and the strategy and implementation of the Professional Development unit.
Before joining SAICA, Olivier was an Associate Director: Assurance Learning at Deloitte, where she was responsible for education and training. Previously she worked as an audit manager at Deloitte.
Olivier has served previously on the Fasset Management Board, the Fasset Audit and Risk Committee and as a technical advisor on IFAC’s International Accounting Education Standards Board (IAESB).

Willi Coates

Senior Executive: Marketing and Communications

Willi Coates has over 35 years' experience in marketing, sales and communications in the financial services industry, including more than 25 years in the chartered accountancy profession.
He holds a B Com, B Com Honours and M Com (Economics) from The University of the Free State.
Before joining SAICA, Coates was the sales and marketing director at Ernst & Young and before that, a senior marketing manager at First National Bank.
Coates' current role at SAICA includes publishing SAICA's Accountancy SA and XL (Excel) magazines, maintaining the CA(SA) brand and promoting the image of SAICA among its various stakeholders.  He has served for 5 years as a Trustee of the SAICA Pension Fund and is the Chairman of SAICA tender committee.

Pieter Faber

Senior Executive: Tax

Pieter is a recognized specialist in tax with specific focus on tax policy and tax administrative law. Pieter Faber joined SAICA in 2015 and assumes responsibility for member support in tax in both the legislative and tax operations fields. This includes tax advocacy on behalf of the profession, in collaboration with the National Tax Committee, including in the media and engagement with various stakeholders including the Tax Ombud, SARS, National Treasury and Parliament.
Pieter has more than 15 years’ experience in tax law and policy having extensively consulted in employees tax, income tax, tax administration matters and tax disputes. Before Pieter joined SAICA, he consulted on tax for 10 years at a Big 4 firm after which he was the Technical Executive for the SA Institute of Tax Professionals. In addition to his Postgraduate Certificate in Advanced Taxation, Pieter holds master degrees in both law (LLM Import & Export Law) and commerce (MCom International Tax).

Dr Thembi Masekela

Senior Executive: Strategy, Office of the CEO

Dr Thembi Masekela has held senior positions in Management Accounting and Strategy. Her work experience includes roles at the four big South African banks viz. Nedbank, Absa, First National Bank and Standard Bank. She holds a PhD in Business Management with a Strategic Management focus and her thesis titled Drivers and Hindrances of strategy execution using the Balanced Scorecard unveils why many companies struggle with strategy execution. She used to be a part-time Strategic Management lecturer at Wits Business School and GIBS. She is passionate about strategy execution because strategy without execution is a daydream (Japanese Proverb). Before joining SAICA, she was a senior manager: Strategy for the South African National Blood Service.

Ciara Reintjes CA(SA)

Senior Executive: Audit and Assurance, Members and Global Alliances

Ciara Reintjes is a recognised and experienced specialist in audit and assurance, and is both a Chartered Accountant (SA) and a Registered Auditor. She is the Senior Executive: Audit and Assurance at the South African Institute of Chartered Accountants (SAICA). Her team is responsible for auditor support, meeting the technical needs of both large audit firms and small- and medium-sized practices, professional ethics, legislation impacting the profession and governance considerations for the profession.
Ciara’s strategic objectives are integrating ethics into the profession in order to restore trust in the profession, advocacy of the auditing profession, supporting and leading discussions on audit reform, supporting auditors in their drive for audit quality and excellence, and inspirational thought leadership. Providing member value in the public interest is foremost.
Ciara was previously the Senior Professional Manager in the Standards Department of the Independent Regulatory Board for Auditors (IRBA), where she was employed for 12 years. Her team was responsible for standard-setting for registered auditors, considering both international pronouncements and local regulatory needs. Ciara also spent 4 years at Alexander Forbes, in its Retirement Funds Division, as a technical specialist. Her articles were served at KPMG in Windhoek, Namibia, and her alma mater is Wits University, where she graduated in 1998.
Ciara is a member of the International Auditing and Assurance Standards Board’s Project Advisory Panel to the Extended External Reporting Task Force, which is preparing assurance guidance on new forms of external reporting by entities, such as integrated reports. She is also the SAICA representative on the IRBA’s Committee for Auditing Standards, and serves on several other industry committees.
Ciara is mother to Eerin, and twins Kyle and Kimi.

Milton Segal CA(SA)

Senior Executive: Corporate Reporting, Standards

Milton Segal is a CA (SA) and is the Senior Executive – Corporate Reporting.
He holds the following degrees and diplomas from the University of the Witwatersrand (Wits):
Bachelor of Commerce, Higher Diploma in Accountancy and Master of Commerce (Taxation)
The Corporate Reporting portfolio includes the following divisions: International Financial Reporting Standards (IFRS); Integrated Reporting; Non-Financial Reporting and Governance; and Specialised financial reporting for Members in Business (MIB). Prior to joining SAICA, Milton was the head of the financial accounting division at the Wits University School of Accountancy. Milton had set and reviewed numerous examinations for Wits and was part of the SAICA examination marking team as well as the SAICA university accreditation team. Milton is a published researcher in both local and international journals and has presented papers at both local and international conferences.
Milton has extensive experience in IFRS and is proud to represent the profession and interests of members in this regard

Obrey Nekhavhambe CA(SA)

Chief Financial Officer (CFO)

Obrey Nekhavhambe is a Chartered Accountant and occupies the role of CFO at SAICA. Obrey studied at the University of the Witwatersrand where he obtained a Bachelor of Commerce and Higher Diploma in Accountancy.
Obrey is a seasoned business leader with experience in driving corporate strategy and effective governance principles in both corporate and public service environments. His previous roles include Executive Finance and CFO (Acting) at SENTECH SOC Limited, Director Accounting Support at National Treasury and Technical Accounting Manager at Deloitte. He also fulfilled the role of Training Officer – CAA Academy at National Treasury, mentoring young professionals through the passion he has for learning and development.
Obrey oversees the finance function with responsibility for the development and implementation of the financial strategy to drive the creation of value to members and other stakeholders in partnership with the leadership team. He assumes responsibility for the financial functions of SAICA, ensuring effective financial direction and sound financial practices within the business to achieve the strategic ambitions of SAICA. The functions within the CFO role include financial management, management accounting, procurement and facilities portfolio management.

Natashia Soopal CA(SA)

Senior Executive: Public Sector and Enabling Competencies

Natashia joined SAICA in 2017 and is responsible for two portfolios namely Public Sector and Enabling Competencies. She is responsible for developing thought leadership, technical updates, technical resources and technical support for members in the public sector. Her focus is also on advocacy, capacity building, and supporting the professionalization agenda in the public sector.
Prior to this position, Natashia was Project Director: Public Sector at SAICA, was a CFO at a public entity and an audit manager at the Auditor General of South Africa (AGSA).

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