Nampak’s Power Move: Financial Expert Joins Board

In a strategic move aimed at bolstering its board of directors, Nampak Limited, announced the appointment of Pitsi Josephine Mnisi as an independent non-executive director, effective from October 1, 2023. The news was met with enthusiasm from the South African business community, as Ms. Mnisi brings a wealth of diverse experience to the table.

With a background deeply rooted in financial expertise, Ms. Mnisi, a qualified Chartered Accountant (South Africa), holds degrees in BCom, BCom (Hons) Acc, BCom (Hons) Tax, CA(SA), an Advanced Certificate in Emerging Markets and Country Risk Analysis from Fordham University, New York, and an MBA from Heriot-Watt University in Edinburgh, United Kingdom. Her remarkable qualifications have paved the way for a successful career that spans across various sectors including mining, investments, transportation, manufacturing, and construction.

One of her notable ventures includes being the founder and director of Lynshpin Cedar, a consulting and corporate finance advisory company that is wholly black-owned and managed. Additionally, she is a co-founder and director of Mcorp Investments, an investment holding business, showcasing her entrepreneurial acumen. Ms. Mnisi’s contribution to corporate governance is evident through her current roles as a non-executive director on the boards of Super Group Limited and African Rainbow Minerals Limited, further underscoring her expertise and influence in the South African business landscape.

Upon her appointment, Ms. Mnisi has been entrusted with key responsibilities within Nampak Limited. She will serve as a member of the Audit and Risk Committee, bringing her financial acumen to critically assess the company’s financial strategies and risks. Additionally, she will be an integral part of the Social, Ethics, and Transformation Committee, reflecting her commitment to ethical business practices and social responsibility.

The announcement was made by Nampak Limited on October 2, 2023, and was met with approval by the company’s stakeholders. Nampak’s board, spearheaded by its Chairman and other directors, eagerly welcomed Ms. Mnisi, expressing their anticipation to collaborate with her. Her extensive experience and diverse skill set are expected to fortify the company’s governance and strategic decision-making processes.

In a statement, the Board expressed its confidence in Ms. Mnisi’s ability to make substantial contributions to Nampak’s future endeavors. The appointment marks a significant step for Nampak, as the company positions itself for further growth and excellence in the South African market.

Nampak’s shareholders, industry analysts, and the business community at large eagerly anticipate the positive impact that Ms. Mnisi’s expertise will bring to the company. As South Africa navigates a dynamic business landscape, Nampak Limited’s strategic move underscores its commitment to strengthening its leadership team with top-tier professionals, setting the stage for continued success and innovation in the future.