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Challenges and success of Actuarial Professionals recognised and discussed

10 October 2019 The Association of South African Black Actuarial Professionals (ASABA)
Mr Thuto Shomang - Group Treasury Executive at MTN

Mr Thuto Shomang - Group Treasury Executive at MTN

Dr Judy Dlamini, Key note speaker at the event - South African Businesswoman, Author and Chancellor of the University of the Witwatersrand

Dr Judy Dlamini, Key note speaker at the event - South African Businesswoman, Author and Chancellor of the University of the Witwatersrand

Mr Faizel Jeena – Head of the Risk Support Department in the Prudential Authority of the South African Reserve Bank

Mr Faizel Jeena – Head of the Risk Support Department in the Prudential Authority of the South African Reserve Bank

Best Employer 2019 Old Mutual

Best Employer 2019 Old Mutual

Best vacation work employer Liberty received by Tokazi Nkushubana

Best vacation work employer Liberty received by Tokazi Nkushubana

President Award Nokwanda Mkhize 2

President Award Nokwanda Mkhize 2

President Award Nokwanda Mkhize

President Award Nokwanda Mkhize

Inkanyezi Winner Tsietsi Ngobese on behalf of Paballo Makupu

Inkanyezi Winner Tsietsi Ngobese on behalf of Paballo Makupu

Mentorship Award Winner Lebo Winston Mphahlele

Mentorship Award Winner Lebo Winston Mphahlele

The Association of South African Black Actuarial Professionals (ASABA) hosted their annual conference and gala dinner at the beautiful Johannesburg Country Club recently. As always, the 2018/2019 Executive Committee ensured the event was a highlight on ASABA’s calendar.

Aptly themed Actuaries as problem solvers in the digital era, the impact of artificial intelligence on the actuarial profession, entrepreneurship and skills development as well as ongoing industry transformation and current and future employment opportunities and challenges were some of the topics discussed.

Prominent members of ASABA as well as the Actuarial Society of South Africa (ASSA) attended the event with South African businesswoman, author and chancellor of the University of the Witwatersrand, Dr Judy Dlamini, as keynote speaker.

Some of the other top speakers on the day included Mr Faizel Jeena - Head of the Risk Support Department in the Prudential Authority of the South African Reserve Bank and Mr Thuto Shomang - Group Treasury Executive at MTN.

Working While Black formed the basis of the panel discussion facilitated by Mpho Mtsi.

ASABA ended off the event with a prestigious gala dinner, presenting the following individuals and corporates that lead by example, with the following awards:

- The Mentorship Award for a mentor who has had a significant impact on mentees, mentored more than two mentees in a successful manner and whose mentoring skills can be attested to by at least one senior colleague or Actuary, was awarded to Lebo Winston Mphahlele.
- The AWC Inkanyezi Award, which is awarded to an actuarial professional who has achieved personal and professional success, provided mentorship to other females in the financial services industry and who has shown leadership in business and the greater community, went to Paballo Makupu (Tsietsi Ngobese received the award on her behalf.)
- The President’s Award, which is awarded (at the discretion of the ASABA president) to an individual who has made a significant contribution to assist ASABA in achieving their goals, went to Nokwanda Mkhize.
- The Best Employer Award, as voted by working actuarial professionals, was awarded to Old Mutual.
- The Best Vacation Work Employer Award, which is awarded to the employer that invested the most in the development of actuarial trainees and hired the most vacation students, went to Liberty (received by Tokazi Nkushubana.)

In recognition of their hard work and dedication, ASABA also presented professionals who qualified as actuaries in 2018 and 2019 with certificates at the gala event.

Going forward, ASABA will continue to innovate, drive, recognise and celebrate the important role that actuarial professionals play in South Africa,” said Memory Zimba, president elect of ASABA for 2020/2021.

Memory will work closely with the following members of the ASABA executive committee, elected for 2020/2021: Anderson Pillay - Director at Keystone Actuarial Solutions, Daniel Mahatlane - Actuarial Specialist at Hollard Life, Halatedzi Ramigo - Group Risk Specialist at RGA, Lesego Maseko - Actuarial Manager at Government Employees Pension Fund, Nabeelah Kolia - Manager at Deloitte, Tsietsi Ngobese - Chief Executive Officer of Wesolve4x (Pty) Ltd, Tshegofatso Sekgwele - Investment Specialist at Sanlam and Zanele Ncayiyana - Technical Analyst at ABSA CIB.

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