The Minister of Finance, Mr Pravin Gordhan has re-appointed Dube Tshidi to serve as Executive Officer of the Financial Services Board for a second term. Mr Tshidi has served in this position since 2009, and his new term will end on 30 June 2015.
“For me this simply means that the responsibility to serve continues. That’s what the regulatory space is really about, service not power. I have now been given more time to carry out this responsibility, and to continue to inculcate a culture of service within the FSB,” said Mr Tshidi.
What has contributed to the success of the organization during his tenure, he said, is the consistent and continuous engagement with the Financial Services industry.
“We’ve worked hard as an organization to improve relations with the industry, and we have seen great results from our efforts,” he said.
Going forward, the regulator will turn its attention to its new mandate of being a market conduct regulator. According to National Treasury, the fulfilment of this mandate has played a key role in Mr Tshidi’s re-appointment. To successfully execute this new mandate, everyone will have to play their part.
Said Mr Tshidi: “My responsibility in this regard is to ensure that all our employees and stakeholders understand how this will affect our operations going forward”.
Get the latest issue of FAnews