OUR GOVERNANCE

Driving Value Creation

Digitisation

Our Board

Currently, the Board, as the focal point and custodian of corporate governance at SAICA, is made up of 11 members. This diverse membership includes:

Eight chartered accountants (CAs(SA))

Forming the largest group on the Board to comply with constitutional requirements

Three non-CAs(SA)

Which is the maximum number allowed by the constitution

Two ex-officio members

The CEO (executive member) and President of the Council

Each year, the Board elects its chairperson and Lead Independent Board Member following the AGM, ensuring dynamic leadership and compliance with best governance standards.

Board Appointments

During 2024, the SAICA Board resolved the following:

The SAICA Board Chairperson, Vincent Mohau Motholo, reappointed as Chairperson of NOMGOV and appointed as a committee member of the EAC

Akash Singh appointed as a committee member of NOMGOV and SETCO

Babalwa Bekwa appointed as the SAICA Lead Independent Board Member and as a committee member of the DTGC, ARC and SETCO

Yasmin Forbes reappointed as a committee member of NOMGOV and appointed as a committee member of SETCO

Alice le Roux appointed as Chairperson of the EAC and as a committee member of the ARC

Sibonelo Cyril Madiba appointed as Chairperson of SETCO and reappointed as a committee member of the DTGC

Tintswalo Maggie Mofokeng reappointed as a member of HR & REMCO and appointed as Chairperson of the ARC

Dheren Singh reappointed as a member of HR & REMCO and appointed as Chairperson of the DTGC

Thandi Clarah Thankge reappointed as Chairperson of HR & REMCO and as a member of the EAC but will resign as a co-opted member of NOMGOV

Brenda Tsvetu appointed as members of the ARC and NOMGOV

Ms. Nonkululeko Gobodo

The responsibilities of the Board are crucial for the effective functioning of the Institute. Firstly, the Board ensures that clear strategic objectives are established and met, aligning with the Institute’s core purpose. They are responsible for creating a policy framework and funding model that guide the organisation’s operations. Acting as the guardian of corporate governance, the Board oversees committees to ensure they fulfil their duties in line with strategic plans and budgets.

They also monitor trusts, non-profit organisations, and social responsibility initiatives as outlined in the Delegation of Authority.

Furthermore, the Board appoints the CEO, sets performance benchmarks, and evaluates their success regularly. A key role of the Board is to maintain a robust risk management process through the Audit and Risk Committee, identifying and addressing critical risks effectively.

Upholding the highest ethical standards for members, associates, and trainee accountants is essential, ensuring the integrity of, and trust in the profession.

In addition, the Board oversees disciplinary actions when necessary and promotes transformation within the profession while reviewing and approving relevant by-laws, cultivating a culture of accountability and progress.

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Board Member Profiles