Former labour minister, finance minister and Reserve Bank governor Tito Mboweni had a remarkable career in politics, civil service and in the private sector.
He was an advisor to Goldman Sachs International (one does not simply get appointed to a formal role at Goldman). He also held many, many directorships over the past three decades, including of the New Development Bank (the "Brics bank"), AngloGold Ashanti, Nampak, Sasol (now Efora Energy) as well as Discovery Limited (and Discovery Life).
And he was chancellor of Sefako Makgatho Health Sciences University (formerly Medunsa).
Mboweni was an active non-executive director of Discovery at the time of his death on Saturday, having returned to the board in 2022 after he stepped down as minister of finance. He was previously a director at Discovery between 2013 and 2018.
One directorship was most curious of all. Mboweni was chair of Accelerate Property Fund from 1 June 2013 (prior to its listing on the JSE) until October 2018, when he was appointed to Cabinet.
Controversial
This story is from the October 16, 2024 edition of The Citizen.
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This story is from the October 16, 2024 edition of The Citizen.
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