Daniel Mminele

Daniel was appointed to the boards of Nedbank Group Limited and Nedbank Limited as an Independent non-executive director and Chair-designate on 1 May 2023. He was Chair of Alexander Forbes Group Holdings Limited and Alexander Forbes Investments Limited, a former Chief Executive of ABSA Group and ABSA Bank Limited, and served two 5-year terms as Deputy Governor of the South African Reserve Bank (SARB) where his responsibilities during his second term included Financial Markets, International Economic Relations, and Policy, as well as the Human and Operations Cluster. His committee memberships included the Governors’ Executive Committee, the Monetary Policy Committee, Financial Stability Committee, Risk Management Committee and the Prudential Committee. Before joining the SARB in September 1999, Daniel worked for African Merchant Bank and Commerzbank in South Africa, and WestLB in the UK and Germany for 12 years.

Daniel also served for the most part of 2022 as Head: Presidential Climate Finance Task Team where he led and coordinated the work to give effect to the Just Energy Transition Partnership, as well as the development of the Just Energy Transition Investment Plan, which was launched in November 2022.