BASA is governed by a Board of Directors comprising:

  • The chief executive officers of Nedbank, ABSA, First National Bank, Standard Bank and Investec, who represent five of South Africa’s big banks
  • Two chief executive officers to represent international banks operating in South Africa
  • Two chief executive officers to represent the other South African banks
  • The Managing Director of BASA

Board membership from 25 June 2020:

Mr. Richard Wainwright (Chairman)*

Investec Bank

Mr. Lungisa Fuzile (Deputy Chairman)*

Standard Bank

Ms. Bongiwe Kunene (Managing Director)

BASA

Mr. Mike Brown

Nedbank

Mr. Gerrie Fourie

Capitec

Mr. Vikas Kandelwal

BNP Paribas

Mr. Daniel Mminele

Absa

Mr. Allan Pullinger

First Rand

Mr. Michael Sassoon

Sasfin

Mr. Mark Stadler

HSBC

Ms. Nonhlanhla Buthelezi

Company Secretary

*Richard Wainwright replaced Mike Brown as the Board Chair from 25 June 2020. Lungisa Fuzile took up the position of Board Deputy Chair at the same time.

Board Executive Committee

The Executive Committee is a sub-committee of the Board that assists it in executing its fiduciary responsibilities. The committee is delegated some of the power and authority of the Board, in the management and affairs of BASA, between Board meetings.