THE Development Bank of Southern Africa (DBSA) on Friday appointed Martie Janse van Rensburg as interim chairperson of the DBSA board of directors, effective 1 December 2024.
This follows the resignation of Ebrahim Rasool, who stepped down in November to become South Africa’s Ambassador to the United States.
Rasool, whose appointment as permanent chair of the DBSA was approved by the Cabinet in November last year after more than two years of the bank operating with an acting chair, was returning to the US to mend the relationship between South Africa and one of its largest traders in the world on the back of the election of Donald Trump to the White House.
“Consequently, the board, with the concurrence of the shareholder, has elected Ms. Martie Janse van Rensburg as the interim chairperson of the DBSA board, effective 1 December 2024 until the appointment of a new Chairperson is finalised by the DBSA board,” said the bank.
“Ms. Janse van Rensburg originally joined the bank’s board on 1 January 2016 and is currently serving her final term on the board.”
Janse van Rensburg has served as DBSA’s deputy chairperson and independent non-executive director since 2016. She has played a key role in guiding the bank over the years, making her a trusted leader during this transition.
“With expertise in strategic business planning, internal audit, corporate governance, and finance, Janse van Rensburg also holds executive development credentials in Strategy and Organisational Development from Stanford Business School.
Her background includes serving as CEO of the Trans-Caledon Tunnel Authority, where she led major infrastructure projects and demonstrated strong governance and development finance skills.
She has held various board positions in both the private and public sectors. The DBSA said that her leadership and strategic insights are key to its ongoing success and its mission to drive sustainable development in Southern Africa.
The DBSA board said it was committed to maintaining stability and continuity while a permanent chairperson is appointed. - Siphelele Dludla
BUSINESS REPORT