Nyembezi first woman to chair Alexander Forbes
THE COMMISSION for Gender Equality (CGE) has congratulated veteran business executive Nonkululeko Nyembezi for being appointed as the first black woman chairperson of Alexander Forbes in its 82-year history.
On Wednesday the South African financial services group announced Nyembezi’s appointment as the new independent non-executive chairperson with effect from January 1.
Nyembezi is presently the independent non-executive chairperson of the JSE.
She is also a non-executive director of Old Mutual.
Nyembezi is chief executive of Ichor Coal, an international mining company operating in the thermal coal industry in South Africa.
The commission said Nyembezi’s appointment, and those of others who were recently appointed in diverse fields including the banking sector, academia, the government and the judiciary, would serve as an inspiration for other women, provided that similar opportunities were made available by both the private and public sector.
“The Gender Commission believes that through these ground-breaking appointments, these women will use their position to ensure that gender-responsive budgets are made available in order to pave the way for other women to be empowered and succeed,” it said. “The CGE hopes that they will channel most of their corporate social investments to co-operatives, NGOs and civil society organisations that are woman run.” The gender commission said it was of the view that women in leadership should also seek to uplift fellow women in both the informal sector of the economy and those who are trapped in abject poverty, staying in informal settlements.
The CGE said it would always give the necessary advice and encouragement to corporate and other entities to sustain the momentum towards gender transformation and women’s empowerment in South Africa.
“It is our belief that other women, particularly girl children, will look at the appointment of Ms Nyembezi and other women who have ascended to positions of authority not as a fulfilment of a dream for them (alone), but a constant reminder that they too can do just that, if not more.” – African News Agency