Nedbank's Raisibe Morathi nominated for CFO Awards


Nedbank CFO Raisibe Morathi has been nominated for a CFO Award in 2017, following her nomination in 2015. The annual 'Oscars for South African CFOs', to be held on 11 May, recognises CFOs of listed companies, large corporations, state-owned entities and government institutions and awards them for outstanding performance and leadership.

Raised by a widowed mother in Botlokwa in Limpopo, Raisibe took up the reins as CFO at Nedbank in September 2009 and was charged with driving transformation in the finance division. Over more than 15 years in the financial services and insurance industries, she has served in a number of senior positions at the likes of Santam, HSBC, AMB and the IDC. She was also an advisor to the government. Big Four bank Nedbank currently employs about 29 000 people.

Raisibe is a chartered accountant with a certificate in advanced management from INSEAD in France and a higher diploma in taxation from Wits University. In an earlier interview, Raisibe discussed the rigours of being a woman in a male-dominated environment:

It is part of human nature born from the natural differences both physically and in preferences between men and women. It will never go away so I do not spend my life stressing about things I can never change no matter how I wish to. The intensity of most instances gender bias is dependent on the maturity and EQ of people you interact with, making this even more of a standard life's feature. This topic is like driving in traffic, it will always be there..."

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