News

Discovery Limited Appoints New Group Company Secretaries, Strengthening Corporate Governance

Published by
Lethabo Ntsoane
  • Discovery Limited appoints Ayanda Manqele as Acting Group Company Secretary from May to August 2023, following the resignation of Ms. Nomalanga Nobuhle Mbongo.
  • Ayanda Ceba will assume the role of Group Company Secretary at Discovery starting September 2023, bringing extensive corporate governance experience from her previous position at Telkom Limited.
  • The appointments reflect Discovery’s commitment to maintaining strong corporate governance practices and ensuring regulatory compliance in the financial services industry.

Discovery Limited made a significant announcement today regarding changes to its executive team. The company has appointed new Group Company Secretaries following the resignation of Ms. Nomalanga Nobuhle Mbongo.

Effective May 31, 2023, Ms. Ayanda Manqele, the current Deputy Group Company Secretary of Discovery, has been appointed as the Acting Group Company Secretary. She will hold this position until August 31, 2023. With her extensive experience and knowledge of corporate governance, Ms. Manqele is expected to ensure a smooth transition during this interim period.

Looking ahead, Ms. Ayanda Ceba will assume the role of Group Company Secretary at Discovery, effective September 1, 2023. Ms. Ceba brings a wealth of expertise to her new position, having previously served as the Group Company Secretary and Ethics Officer at Telkom Limited. Her impressive educational background includes a BProc, LLB, LLM in Corporate Law, and CIS (Corporate Governance Institute of Southern Africa) qualifications. As a qualified Chartered Company Secretary and a Fellow of the Corporate Governance Institute of Southern Africa, Ms. Ceba’s appointment underscores Discovery’s commitment to maintaining strong corporate governance practices.

The Discovery Board expressed their confidence in both appointees, wishing them success in their respective roles. The company’s decision to appoint individuals with significant experience and qualifications highlights its commitment to upholding regulatory requirements and ensuring effective corporate governance.

Discovery Limited, with its headquarters in Sandton, is a renowned financial services organization operating across various sectors, including health insurance, life insurance, investments, and wellness programs. The company’s customer-centric approach and focus on innovation have contributed to its position as a leading player in the South African market.

Join Our Newsletter
Subscribe to our newsletter and stay updated.

Sponsored

Start trading with a free $30 bonus

Unleash your trading potential with XM—your gateway to the electric world of financial markets! Get a staggering $30 trading bonus right off the bat, with no deposit required. Dive into a sea of opportunities with access to over 1000 instruments on the most cutting-edge XM platforms. Trade with zest, at your own pace, anytime, anywhere. Don't wait, your trading journey begins now! Click here to ignite your trading spirit!

Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo