Daniel Mminele

Independent Chairperson
Appointed:
 May 2023
Qualifications: Associate Certificates of the Chartered Institute of Bankers (London) in association with City Polytechnic of London/Guildhall University, German Banking Diploma (Bankkaufmann) from Sparkasse Paderborn, the Chamber of Industry and Commerce in Bielefeld (Germany).

Qualifications: Associate Certificates from the Chartered Institute of Bankers (London) in association with City Polytechnic of London/Guildhall University, German Banking Diploma (Bankkaufmann) from Sparkasse Paderborn, the Chamber of Industry and Commerce in Bielefeld (Germany).

Expertise and experience in retail and investment banking, other financial services, large corporates, climate finance, macroeconomic and public policy, human resources, marketing, business strategy and strategic planning, corporate governance and stakeholder management, and environment and climate.

Daniel was appointed to the boards of Nedbank Group Limited and Nedbank Limited as an independent non-executive director on 1 May 2023, and as Chairperson on 2 June 2023. He was also appointed to the board of the Youth Employment Service (RF) NPC as a non-executive director on 1 November 2023. He was Chair of Alexander Forbes Group Holdings Limited and Alexander Forbes Investments Limited, Chief Executive of Absa Group and Absa Bank Limited, and served two 5-year terms as Deputy Governor of the South African Reserve Bank (SARB) where his responsibilities, during his second term, included Financial Markets, International Economic Relations and Policy, as well as the Human and Operations Cluster. His committee membership track record includes the Governors’ Executive Committee, the Monetary Policy Committee, Financial Stability Committee, Risk Management Committee and the Prudential Committee. Before joining SARB in September 1999, Daniel worked for African Merchant Bank and Commerzbank in South Africa, and WestLB in the UK and Germany for 12 years in corporate credit risk analysis, project finance and structured finance.

Daniel also served for most of 2022 as Head: Presidential Climate Finance Task Team where he led and coordinated the work to effect the Just Energy Transition Partnership, as well as the development of the Just Energy Transition Investment Plan, which was launched in November 2022.

Board committees: Member: Group Directors’ Affairs Committee and Group Sustainability and Climate Resilience Committee.

Nationality: South African.