OUR BUSINESS
OUR EXECUTIVE COMMITTEE
Freeman Nomvalo
Chief Executive Officer and Executive Director until 31 January 2024
BCOMPT HONS
Freeman is a non-executive director of various companies. He was the CEO of the State Information Technology Agency. With over 30 years’ work experience, at least 20 of which were at a senior level in the public and private sectors, he was the first African and longest-serving Accountant-General of a democratic South Africa. During this time, he served on multiple public sector boards. He led the team that drafted and presented the Audit Profession Act 2005 and worked with 18 Caribbean countries at the request of the Commonwealth Secretariat to develop their country governance frameworks. He developed and led the leadership development programme at National Treasury that benefited all of its senior managers.
Freeman assisted Judge Christopher R Nicholson in the committee on the ministerial probe into the financial affairs of Cricket South Africa. He served on the Ntsebeza Inquiry into certain SAICA members employed by KPMG South Africa during various engagements with public and/or private entities. He was appointed CEO in February 2019. Freeman’s five-year term of office concluded as of 31 January 2024. He is succeeded by Ms Patricia Stock.
Patricia Stock
Chief Executive Officer and Executive Director from 1 December 2023
CA(SA) CD(SA) Masters: International Accounting, CESGA®
Patricia Stock, a CA(SA), is a strategic entrepreneurial accountant with a passion for transforming people and organisations. As the co-founder and former CEO of MGI RAS, a distinguished member firm of MGI Worldwide, Patricia boasts diverse experience in talent management, Certified ESG Analyst (CESGA®) with a specialisation in governance, audit, IFRS (with a Master’s in International Accounting), and quality assurance. As a CA(SA) and Chartered Director (South Africa), Patricia has left an indelible mark in various senior executive and non-executive directorship roles. Her journey spans both private and public sectors advisory, skills development and assurance, including auditing United Nations’ organisations during her tenure at the Auditor-General of South Africa. Notably, she served as the Head of Transformation (DEI) in a global firm, showcasing her commitment to fostering positive change.
Patricia’s expertise extends to performance and leadership coaching, aligning with her fervour for responsible growth in organisations and individuals. With a life motto of ‘Grow as I grow’, Patricia Stock is not just a CEO; she’s a visionary leader dedicated to realising the potential of others in a sustainable manner.
Fanisa Lamola
Chief Operating Officer
CA(SA)(CD(SA)
As a CA(SA), Fanisa’s professional career started in 1995 at Anglo American, after which she joined JP Morgan Securities as a management accountant. She progressed to join KPMG, Polokwane Office, in the position of manager municipal finance. She later joined the Limpopo Provincial Treasury, where she worked as the provincial accountant-general. Prior to joining SAICA in May 2012, Fanisa was the city manager for the City of Polokwane.
She has served on a number of various governance oversight structures, including being a board member and technical advisor on the Board of International Federation of Accountants (IFAC), the chairperson of the Limpopo University Advisory Council for the School of Accounting, council member of the University of Walter Sisulu Council and chairperson for the Central Audit Committee of Limpopo. Fanisa currently serves as a board member on the Chartered Accountants Medical Aid Fund (CAMAF).
Jaco Snyman
Executive Director: Legal and Governance
BA (LAW), LLB, MBA AND LLM (Corporate Law)
Jaco has over 25 years of experience as a leading legal and governance specialist. Holding both BA (Law) and LLB degrees, along with an MBA and LLM, his academic foundation is bolstered by extensive practical expertise. Before joining PPC, Jaco held prominent positions at Absa Bank.
His success extends to implementing governance systems for subsidiaries across Africa, demonstrating his ability to translate strategy into actionable solutions. As a Group Executive at PPC, Jaco leverages his in-depth knowledge of corporate and commercial law, corporate governance, and risk management to navigate complex legal landscapes and ensure compliance at the highest levels. Jaco joined SAICA in 2019.
Robert Zwane
Executive Director: Learning, Development and National Imperatives
CA(SA)
Robert, a CA(SA), was previously the Director for the Education and Transformation Department at the Independent Regulatory Board for Auditors (IRBA), where he was instrumental in a number of initiatives, including leading the implementation of the Audit Development Programme (ADP). He spent some time at the University of Johannesburg (UJ) in various positions, including being an academic trainee, a senior lecturer and a house warden at one of UJ’s residences. He completed his training programme with one of the Big Four firms.
On a global scale, Robert sat on the International Federation of Accountants’ (IFAC) International Accounting Education Standards Board (IAESB) as a technical advisor to the South Africa representative. He was also a member of the Education Committee of the Public Accountants and Auditors Board (PAAB) of Zimbabwe.
Milton Segal
Executive Director: Standards
CA(SA)
Milton, a CA(SA), leads the Standards portfolio, which is the technical member-facing division within SAICA responsible for thought leadership, advocacy, guidance and standard setting in the following areas: Audit and Assurance; Corporate Reporting (IFRS, IFRS for SMEs, Non-financial Reporting and Sustainability); Public Sector and Standards Ethics, and Taxation. Within the directorate are five of the six prescribed committees of SAICA. Milton represents SAICA (and South Africa) on various key structures.
Prior to joining SAICA, Milton was the Head of Financial Accounting at the Wits University School of Accountancy. He has set and reviewed numerous examinations for Wits and was part of the SAICA examination marking team as well as the SAICA university accreditation team. He is a published researcher in local and international journals and has presented papers at local and international conferences. Milton has extensive experience in IFRS and is proud to represent the profession and interests of members in this regard.