Mr. Saki Macozoma, Safika’s chairman, has announced the appointment of Ayanda Mjekula to Safika Holdings’ board of directors. Mr. Mjekula formerly held many senior positions in banking, including being a director of Standard Bank and has experience in areas of credit, retail operations, public sector banking and social strategy. After opting for early retirement 2007, he became chief executive of The South African Supplier Development Agency (SASDA), a state-funded supplier development agency.
Mr. Mjekula has also played a prominent role in the energy industry in which he served as chairman of the Central Energy Fund (CEF), chairman of the National Committee of World Petroleum Council, chairman of the South African Agency for Promotion Petroleum Exploration and Exploitation and as a director on the PetroSA Board.
He is a former chairman and former acting chief executive of Ubank and is chairman of the Coega Development Corporation audit committee.
He is chairman of the University of Fort Hare Foundation, chairman of the Grahamstown National Arts Festival, and a member of the executive committee of the Golden Lions Rugby Football Union team.
I am humbled by the vote of confidence the board and shareholders of Safika Holdings have given me,” said Mr. Mjekula. “To serve on a board consisting of prestigious professionals with impeccable credentials is truly an honour. The diverse nature of Safika’s investment portfolio is both exciting and challenging and I will do my best to in what I believe is a conducive environment.