The Financial Services Board (FSB) has appointed Dr Cyrus Rustomjee, who joined the board last year, as its new chairperson.
Abel Sithole, chief executive officer of Employee Benefits Metropolitan Life, who joined the board in 2002, is the new deputy chairperson.
The FSB also announced the names of three new appointments to the board. They are Brian Hawksworth, retired partner of Ernst & Young, who serves on the FSB's licensing committee, Kensani Holdings' Jabu Mogadime and Nosipho Molope, group financial executive of Viamax.
The appointments are effective from 1 March.
Board members Prof Philip Sutherland, Louisa Mojela and Hilary Wilton have been re-appointed.
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