Paul Baloyi

Mr. Baloyi was appointed as the Chairman of the Board in May 2019. He currently serves on a number of boards including, Old Mutual Limited, Bid Corporation Limited, ENX Group Limited and Zarclear Holdings Limited. He began his career with the Standard Bank Group Limited, before moving to Nedcor Bank Limited (now Nedbank). He fulfilled various roles during his tenure there, ultimately becoming Managing Director of Nedbank Africa. He is also the former Chief Executive Officer and Managing Director of DBSA Development Fund. Paul served as an independent Non-Executive Director on several boards in Africa and Internationally, was a council member of the Institute of Bankers and served as Chairman of the New Medical Aid.

Paul holds an MBA from the University of Wales Bangor and a number of other postgraduate qualifications, including completing an Advanced Management Program from INSEAD and Senior Executive Program from Harvard Business School. Paul has specialised experience in Strategy Development and Execution, Risk and Governance, Financial Structuring / Engineering and Compliance.