Agricultural economist, Thabi Nksosi has been appointed as the new non-executive chair of state-owned Land and Agricultural Development Bank.
Finance Minister Enoch Godongwana made the announcement on Thursday, 9 December 2021.
After the term of Land Bank’s previous board of directors came to an end on November 30, Minister Godongwana made recommendations to the Cabinet to appoint and reappoint 10 non-executive board members, nominating Nkosi as non-executive chairperson, to which Cabinet agreed.
Nkosi is a respected agricultural economist, with diverse and extensive experience in agribusiness, agricultural policy-making, and agribusiness operations.
She has worked in numerous positions in the field, in both the private and public sector, and currently serves as an independent non-executive trustee for the National Empowerment Fund; chairperson of Mintirho Foundation (Coca-Cola Bottlers SA Agriculture Investment Fund); and as an advisory director for agritech company Khula!
As non-executive chairperson of the board of the Land Bank, Nkosi will be leading the revival of the country’s largest agricultural-focused lender. Her qualifications include a Master of Business Administration (MBA), a post-graduate Diploma in Business Administration and Management and an MSc and BSc (Agric) in Agricultural Economics.