Operation Phumelela
The South African Financial Sector Competitiveness Taskforce
- Enabling a regional financial hub
- Job creation
- Economic growth
- Deepening capital markets
Operation Phumelela Welcomes Progress on Complying with Financial Action Task Force Requirements
The South African Financial Sector Competitiveness Taskforce, known as Operation Phumelela, welcomes the announcement by the Financial Action Task Force (FATF) that South Africa has substantially completed all 22 action items required of it when it was grey listed by the global anti-money laundering and terrorist financing body in February 2023.
Steering Committee
Dr Leila Fourie
Chief Executive Officer, Johannesburg Stock Exchange
Daniel Mminele
Nedbank Independent Chairperson
Professor Michael Katz
Chairperson, ENSafrica
JJ Durand
Chief Executive Officer, Remgro Limited
Ezra Davids
Chairperson and Senior Partner, Bowmans
Vuyo Ntoi
Co-managing Director, African Infrastructure Investment Managers (AIIM)
Johan Holtzhausen
Chairperson, PSG Capital
Iain Williamson
Chief Executive Officer, Old Mutual Limited
Valdene Reddy
Director of Capital Markets, Johannesburg Stock Exchange
Samuel Mokorosi
Head of Origination and Deals, Johannesburg Stock Exchange
Dr Stuart Theobald
Chairperson, Krutham
