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Pretoria - The Tourism Business Council of South Africa (TBCSA) has elected former SA Reserve Bank governor Tito Mboweni as the chair of its board.
The appointment was ratified at the organisation’s recent annual general meeting.
According to the TBCSA, Mboweni brings a wealth of leadership experience from business, government, and academia, which will positively inform its direction.
He has served as chair of AngloGold Ashanti, Chancellor of the University of North West and has held various positions within the African National Congress. Currently, he is an international adviser to Goldman Sachs International and chairman of the following companies: Accelerate Property Fund, Nampak Limited and SacOil Holdings Limited. He is a non-executive director at the New Development Bank (also referred to as the Brics bank), PPC and Discovery and is a founding partner of Mboweni Brothers Investment Holdings.
“The Council is extremely pleased to have attracted someone of the calibre of Mr Mboweni as the chair of its board of directors,” said Mmatšatši Ramawela, CEO of the TBCSA.
“We all know Mr Mboweni and the work that he has done while in government and now in the private sector since leaving the public service - a wealth of experience that will no doubt be valuable in guiding TBCSA in its growth and development.”
In his acceptance speech Mboweni said he is aware of the challenges the sector faces and endeavours to fill the role of TBCSA chair with vigour and enthusiasm.
He takes over the reins of TBCSA chair from Mavuso Msimang, who served two terms.
According to Ramawela, Msimang has been a great pillar of strength and support when times were tough and a source of counsel and inspiration to his fellow board members and the entire staff of TBCSA.
"His knowledge of the travel and tourism industry, his integrity and wisdom, gained from his many years as a corporate and civic leader, were enormous assets to the Council – he will be greatly missed,” she said.
At the same AGM, the members of the TBCSA also ratified the election of Ravi Nadasen, operations director for the Central Northern Region within the Tsogo Sun Group, as deputy chair. He takes over from Clifford Ross, who is the current CEO of the City Lodge Hotel Group.
Although retiring from his role as the deputy chair, Ross will remain a board member.
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