Terence Nombembe
Independent Non-executive Director
Appointed: January 2024
Qualifications: BCom, Bachelor of Accounting Science (Hons), CA(SA).
Expertise in accounting and auditing, large corporates, human resources, marketing, business strategy and strategic planning, public policy, risk management, as well as corporate governance and stakeholder management.
Terence was the Chief Executive Officer of the South African Institute of Chartered Accountants from 2014 to 2019, and before that, from 2006 to 2013, he had been Auditor-General of South Africa. He is an independent non-executive director of Sibanye Stillwater Ltd. Terence was a non-executive director of SARB for 9 years and stepped down from that position in 2023. Honorary awards Terence has received include the Jorg Kandutsch Excellence Award from the International Organization of Supreme Audit Institutions (2010), Doctor of Accounting Science by Walter Sisulu University (2014), UNISA’s Chancellor’s Calabash Award – Outstanding Alumnus (2014), and an honorary membership of the Golden Key International Honour Society (2015).
Board committees: Member: Group Audit Committee and Group Risk and Capital Management Committee.
Nationality: South African.