Babalwa Ngonyama

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Babalwa Ngonyama, serves as the Chief Executive Officer of Sinayo Securities (Pty) Limited.

Ngonyama served as the Chief Financial Officer of Safika Holdings (pty) Ltd.

Ngonyama served as the Chief Internal Auditor of Nedbank Group.

She was an Audit Partner of Deloitte’s Financial Institutions Services Team (FIST) division, from June 2003 to July 2007, her clients included banks, treasury, private equity, and stockbrokers as well as divisions of two of the Big Four banks in South Africa.

She was the transformation champion for FIST, where she was responsible for setting transformation strategies and monitoring their effective implementation.

Her dynamic leadership in this role included the successful organization of a national conference on transformation that dealt with changing perceptions and attitudes toward transformation, and developing a transformation strategy that had a buy-in from the business unit’s management.

In 2004, Ngonyama formed part of a succession-planning work stream that advised partners, the board, and management on opportunities and core challenges facing succession planning as well as recommending the ways in which to overcome these challenges and take advantage of the opportunities.

She led new South African partners to the Global New Partner Seminar in Los Angeles, where she was also a Facilitator. She served her article of Clerkship at PDB Pretorius Dondashe in Umtata from 1995 to 1998.

Her career included working at PDB Pretorius Dondashe in Umtata, from 1999 to 2000, Audit Partner at Nkonki Sizwe Ntsaluba and at a major chemical and fuel company, where she was responsible for its property finance division.

She served as the Chairperson of Transformation Advisory Board of Deloitte. She has been Independent Non-Executive Director of Aspen Pharmacare Holdings Limited since April 2016.

She has been Independent Non-Executive Director of Aspen Holdco Inc since 1 April 2016.

She serves as a Non-Executive Director of Kagiso Tiso Holdings Proprietary Limited.

She serves as a Director of Implats Ltd, The Hollard Insurance Company Limited, Bato Star Fishing Company (Pty) Ltd and Evraz Highveld Steel Limited.

She has been an Independent Non-Executive Director of Clover Industries Ltd since November 2013.

She has been an Independent Non-Executive Director at Barloworld Ltd. since May 2012 and Group Five Ltd since April 2014.

Ngonyama has been a Director of Directorate of Market abuse, since October 2005.

She serves as a Member of Advisory Board of African Women Chartered Accountants. She has been an Independent Non-Executive Director of Impala Platinum Holdings Ltd. since November 2010.

She has been a Member of the Directorate of Market Abuse, since October 1, 2005. She served as an Independent Non-Executive Director of Times Media Group Limited from July 2011 to September 2011.

She served as an Independent Non Executive Director of Evraz Highveld Steel & Vanadium Ltd. from March 2010 to August 2014.

She served as a Director of Safika Holdings (pty) Ltd.

She served as a Director of Bato Star (Proprietary) Limited from February 10, 2005 to December 2005.

She served as an Independent Non Executive Director of Kelly Group Limited from February 2010 to December 2013.

She served as a Director of SMM Healthcare from April 2002 to March 2004.

She served as an Independent Non Executive Director of Freeworld Coatings Ltd until April 2011.

She served as an Independent Non Executive Director of Avusa Limited from July 2011 to September 2011.

While working in Umtata, she served as a Board Member of Eastern Cape Development Corporation from 1999 to 2000.

She was the Founding Chairman and a Member of the Advisory Board of the African Women Chartered Accountants. She participates actively in numerous national forums on economic growth and development.

In 2008, she received an award as a BBQ businesswoman visionary.

In 2005, she was chosen by The Star newspaper as one of the Twenty Top Women to Watch.

In 2004, she was selected as one of Enterprise Magazine’s Top Businesswomen of the Year. She qualified as a Chartered Accountant in 1999.

In 2008, Ngonyama completed the Women in Leadership Program at Harvard University in Boston.

She has a Higher Diploma in Banking Law from Rand Afrikaans University, now the University of Johannesburg in 2003 and an MBA from Bond University in 2002.

Ngonyama is a Graduate of the University of Transkei with B Com (Accounting).

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