African Bank is pleased to announce the appointment of Nolwazi Nzama as the  Deputy Chief Risk Officer.

Nolwazi is a seasoned leader, who has accumulated extensive experience in a number of disciplines within the financial services environment. She joins African Bank from Standard Bank SA (SBSA), where she occupied the position of  Head: Non-Financial Risk South Africa.

She has previously occupied a number of vital senior roles at SBSA, including Head: Credit Card, Head: Vehicle and Asset Finance Credit, and Head: Affordable Housing and Pension Backed Lending.

Prior to her time at SBSA, Nolwazi was Head: Debt Review at FNB. She began her career in law at Bowman Gilfillan.

Nolwazi holds a Bachelor of Law (LLB) and Bachelor of Commerce (B Com) (Law) completed at the University of Kwazulu-Natal (UKZN), as well as an International Executive Development Programme (IEDP) and Retail Executive Programme (REP).

Commenting on the appointment, Chief Risk Officer, Piet Swanepoel said: “We are delighted that such an experienced and talented leader has chosen to join our growing African Bank family. A crucial element that will contribute to the success of our Excelerate25 strategy is sound risk management.

“As we build a customer-centric, digital, and data-enabled business that will be scalable, diversified, and sustainable, with a compelling listing proposition, it is important that we ensure the safety of our business and protect you, our customers and stakeholders.”