BANKSETA ANNUAL REPORT 2023

BANKSETA GOVERNANCE STRUCTURE

Attendance of audit committee meetings by audit committee members

In terms of membership, the ARC is currently comprised of four external independent members and two additional members from the Accounting Authority. For the financial year, the ARC convened ten times. A list of the members and their respective qualifications as well as a record of their attendance is provided below:

No. of Meetings Attended

Date Resigned / End of Term

Date Appointment 1 Dec 2020

Name of Member

Qualifications

N/A

10/10

Dr Prittish Dala (Chairperson External Independent Member)

PHD Information Technology, Master of Information Technology, Bachelor of Science (Computer Science), Honours (Cum Laude), Bachelor of Information Technology (Cum Laude), Certified Governance of Enterprise Information Technology (CGEIT), Certified Risk and Information Systems Control (CRISC), Certified Information System Auditor (CISA), Certified Ethical Hacker (CEH), Certified Computer Hacking Forensic Investigator (CHFI), Certified Data Privacy Solution Engineer (CDPSE), Certified Information Security Manager (CISM), Certified Information Systems Security Professional (CISSP), Lead Auditor ISO 27001. Master of Business Leadership (MBL), Chartered Accountant (SA), B Compt. Honours in Accounting (CTA), B Compt. Accounting Sciences. Chartered Accountant (SA), Bachelor of Commerce, Honours in Accounting (CTA). MCom Development Finance Degree, Post Graduate Diploma in Business Administration, BSc degree in Information Systems and Computer Science, National Diploma in Computer Systems Engineering.

1 Dec 2020

N/A

9/10

Ms Thembelihle Mbatha (External Independent Member)

1 Dec 2020

N/A

9/10

Ms Michelle Pillay (External Independent Member)

1 Aug 2022

N/A

6/10

Mr Tom Tshitangano (External Independent Member)

Bachelor of Commerce.

25 Jun 2020

N/A

10/10

Mr Brigate Nyakane (Accounting Authority Member: Organised Labour) Mr Phumudzo Siphuma (Accounting Authority Member: Organised Employer)

Chartered Accountant (SA), B Compt, Honours Accounting (CTA).

25 Jun 2020

N/A

9/10

94

PART C: GOVERNANCE | BANKSETA ANNUAL REPORT 2022/23