Raisibe Morathi describes herself as “fortunate” to have achieved what she has, but her career tells a different story – one of hard work, focus and perseverance.When CFO South Africa asked her what personality trait got her where she is today, she said that she “takes well to challenges”. Full name Annah Raisibe Ntozakhe. Currently, Raisibe Kgomaraga Morathi is Chief Financial Officer & Executive Director at Vodacom Group Ltd. In this role, Morathi is responsible for overseeing strategic financial initiatives. Last year, she’s had to deal with a massive project to unwind Nedbank’s post-retirement medical aid liability, involving actuaries, lawyers, accountants and the HR department, and overseen by two board sub-committees in the bank. “We have 6,000 people in this campus, and 32,000 across the business. Raisibe Morathi has been the group Chief Financial Officer at Nedbank Group Limited since Sep 2009. She is a Fellow of the fourth class of the Africa Leadership Initiative-South Africa and a member of the Aspen Global Leadership Network. Whether she's running Nedbank Group finance or a marathon, Raisibe Morathi gets the job done. I knew that I had a very big risk of being cut off in the Two Oceans. The couple got divorced in 2014 with mutual consent. View the profiles of professionals named "Raisibe" on LinkedIn. 13 October 2020. She is a chartered accountant and has a certificate in advanced management from INSEAD of France and a higher diploma in taxation from Wits University. The Young Africa Leadership Initiative (YALI). The annual CFO Awards recognises CFOs of listed companies, large corporations, state-owned entities and government institutions and awards them for outstanding performance and leadership. Amrita Rai’s first husband Anand Pradhan a journalism educator and an Associate Professor at IIMC, New Delhi. To create world-class accounting firm recognized for the highest standards of integrity, professionalism and service excellence. She studied for most of her life.”, Raisibe says that one of her life lessons came from how her mother balanced work and raising a family. I had just passed successfully and now I had to redo some of my degree. Raisibe Morathi was appointed to the role of Group Chief Financial Officer, effective November 1st, 2020. “I take a deep breath whenever I come across something that’s difficult, because I won’t know until I try,” she says. See more ideas about Chief financial officer, Economic freedom, Financial. I did my first 21km in January, knowing I had to get my time down to three hours. ... That is like saying to a woman whose husband … All Rights Reserved. AgriPlus insurance also provides cover for death or impotence of registered livestock specified in the policy. With her parents, children and husband she cut her yellow and pink two-tier cake. She also worked on many projects on an ad hoc basis with government, and ended up becoming an economic advisor to Deputy President Phumzile Mlambo-Ngcuka between 2006 and 2007, as a secondment by the IDC while still retaining some of the responsibilities at the IDC. We offer a full range of flexible insurance products so you can take out policies tailored to your individual requirements. “In that initial period of my career, I moved around quite a bit, which I am not proud of. Raisibe has spent over 22 years in the financial services industry in South Africa, acquiring experience in banking and insurance. Andre has gone completely paperless, replacing documents and books with his iPad. And as we interviewed her towards the end of 2018, she was in the final stages of winding up the last leg of the separation from Old Mutual, which involved the buying out of small shareholders with less than 100 shares, offering them market prices plus a 5 percent premium. She says that her portfolio includes finance and shared services. There are 300+ professionals named "Raisibe", who use LinkedIn to exchange information, ideas, and opportunities. So I took a sabbatical for four months.”, She was then approached by Sanlam in 2008, where she was already a non-executive director, to join them. But then it turned out that her husband couldn’t leave his job. At the IDC, she enjoyed the broad experience of working in many different sectors. (Reuters) - South Africa’s Nedbank Group said on Tuesday Raisibe Morathi has resigned as the chief financial officer (CFO) and executive director of Nedbank Group and Nedbank boards with effect from Sept. 30. After completing matric, she went on to the University of Venda – a choice driven by financial constraints. Another big change that’s happened on her watch has been the evolution of 43 different IT systems running across finance, procurement and HR into one SAP system, in a project aptly titled “43 to 1”. Tsholofelo Molefe talks us through how she stood up to the Gupta takeover at Eskom. She has over 18 years experience in the … Sanlam’s presence in Joburg is very small. My sister persuaded me to get into running, and I was working my way up from five kilometres to 10 kilometres, when my daughter, who is a very good runner, decided she wanted to run the Two Oceans Marathon half-marathon with her father.”. CFO SA's John Deane chased clues and mastered obstacles with the new Land Rover Defender 110. After completing articles, she joined Nedbank Investment Bank as a trainee, and then spent a while moving around in the banking industry – gaining exposure to structured finance, corporate finance and private equity. Both have an age difference of nearly 24 years. If someone phoned with a job opportunity, I took it. All rights reserved. The first issue of CFO Magazine in 2019 starts the year off with a bang. It was quite a stressful transitional period.”, Raisibe wasn’t the only one experiencing a transition. She says: “We were the first company in South Africa to build a green building. For me one of the interesting things in life is that if you set yourself a goal and your mind is focused on reaching that goal, you probably will reach it.” While her time at the IDC provided many opportunities for growth, the political complexities of dealing with government left Raisibe “seriously tired of anything to do with work. I knew I could do both because she had.”, Growing up in Polokwane, Raisibe completed high school in four years instead of five. With over 27,000 health workers infected with Covid-19, Mkhize expresses his 'deep appreciation' News24 reports that according to Health Minister Zweli Mkhize, more than 27,000 healthcare professionals have been infected with Covid-19 and 240 have died. She then shared a story to highlight what she meant: “I work hard, but believe that you’re not complete if you don’t focus on fitness as well. Bio; Real Name: Aditya Rai : Profession: Engineer in Merchant Navy: Physical Stats & More: Height (approx.) She comes from a family of five girls, raised by a single mother after their father passed away. I did another two 21km and still didn’t manage three hours. Feb 17, 2020 - Explore C F O School's board "Chief Financial Officer" on Pinterest. The culture is one of the best out of any of the places that I have worked at. Over 350 top CFOs, VIPs and business partners attend the event annually to enjoy networking, entertainment and a scrumptious dinner. So I thought, OK, I’ll do it. Raisibe Kgomaraga Morathi رايسيبى كجوماراجا موراثى Country: South Africa Biography. In December, with the race looming large, four months away, Raisibe’s husband pulled out, saying he wasn’t fit enough, and there wasn’t enough time to train. CFO Day 2018 - The annual CFO Awards recognises CFOs of listed companies, large corporations, state-owned entities and government institutions and awards them for outstanding performance and leadership. We’ve been true to our colour and true to our philosophy of sustainability since long before it became fashionable.”. Joining the green bank Boost your knowledge, network and career. Financial Mail Page 1 -07/09/16 07:08:58 PM hhh FINANCIAL MAIL THE LITTLE BLACK BOOK 1 Se pte m b e r 22 20 1 6 2016 FinancialMail ANNUAL REPORT WWW. “I am not scared or shy to say that I don’t know. I didn’t make it. in centimeters- 183 cm in meters- 1.83 m in feet inches- 6’ Weight (approx.) It was a great learning experience.”. It added to my determination. “It wasn’t without complications, but we did it on budget and on time. She says that although it was the same city and the same view, starting a new role was not without its challenges. Finance and HR community members share their takeaways from 2020 at the last Community Conversation. She arrived at Nedbank in a period of great upheaval. JSE CFO Aarti Takoordeen talks people-friendly policies “It was very difficult to accept that. Raisibe has spent over 22 years in the financial services industry in South Africa, acquiring experience in banking and insurance. “I was very fortunate. Anyone who finishes after me must be in very bad condition.”, Although she missed the Two Oceans this year because of the Nedbank roadshow, she remains committed to her fitness routine. And I went back the next year.”, She adds that when she finishes, you can tell that the overall race is about to finish. As an accounting professional, Shabeer quickly realised the value that technology brings to businesses. View Raisibe Kgomaraga Morathi’s profile on LinkedIn, the world’s largest professional community. And the CEO Mike Brown, who was just taking over in his role, was very supportive.”, She says that she approaches this integration by being humble and asking lots of questions. Its chief financial officer Raisibe Morathi said it was awaiting the result of KPMG’s independent inquiry before deciding on its next step. Copyright 2021 Africa Leadership Initiative. Raisibe Morathi reveals what quality got her in the group CFO seat at Nedbank. Ms de Souza, 59, said her husband… The five South African "dragons" who will appear in Dragons' Den South Africa have finally been revealed. “But I’d worked so hard to get that registration. So she ended up with the children in Cape Town while he flew up and down to be with them. Thanks to our valued partners and to all the Fellows who continue to contribute in many ways. Click here to download our rate card. Finance, becoming ever more efficient, isn’t a huge contributor to the growth of her team size, but delivering no less than 37 different types of group services for all the organisations within Nedbank requires ever more staff members. Raisibe Kgomaraga has 2 jobs listed on their profile. | Sitemap, Sign up for free! “Everyone who works at Nedbank – every one of the 32,000 people who work here – get something from me somehow.”, When asked, she says that she has enjoyed a number of successes in the finance space. My mother had a strong personality and she was a teacher, so she inspired us with education. Polo Leteka Radebe is the chief executive of Identity Partners, a small and medium enterprises advisory and fund management services firm founded in late 2007 by Leteka Radebe, Sonja Sebotsa and Raisibe Morathi. See the complete profile on LinkedIn and discover Raisibe Kgomaraga’s connections and jobs at similar companies. It was all just too much. The Calgro M3 CFO encourages leadership to support those on their journey back to ‘normality’. She says that the growth in the bank has been phenomenal – growing from a client base of four million in 2010 to eight million today, and from a market capitalisation of R60 billion to R130 billion. “It wasn’t working,” Raisibe says. Her attitude helped me when I was raising children and focusing on my career. Raisibe Ntozakhe’s teammates call her ‘Slice’ on account of her size – which is, well, small. “All companies will tell you the same, but the amount of effort that Nedbank has put in over the many years, investing in things like team cohesion, measuring happiness, unhappiness and entropy, and going the extra mile in addressing all those things, really makes a difference. I loved my time and learnt a lot from Johan van Zyl and witnessed their transformation journey. 08 October 2020. It very quickly gave me a level of maturity. Depth at Nedbank But I showed up on the day, and I made it to the finish. Raisibe Kgomaraga Morathi is Chief Financial Officer at Vodacom Group Ltd. See Raisibe Kgomaraga Morathi's compensation, career history, education, & memberships. FINANCIALMAIL.CO.ZA FinancialMail Raisibe Morathi and other panellists shared their learnings from working through Covid-19. For every challenge, there are also lessons on how to do things differently going forward.”. Raisibe Ntozakhe (gebore 29 November 1996) is 'n Suid-Afrikaanse krieketspeler wat reeds 5 Internasionale eendagwedstryde vir Suid-Afrika se nasionale vrouekrieketspan gespeel het. Flordelis dos Santos de Souza’s husband, Anderson do Carmo, was shot 30 times at their home in Rio de Janeiro in June 2019. She made her Women's One Day International cricket (WODI) debut against India in the 2017 South Africa Quadrangular Series on 9 May 2017. This was in November. “I just love it. So they thought I was ready to do Grade 10 without doing Grade 9, and I coped very well.”, However, when her teachers wanted her to focus on science subjects, Raisibe stopped listening. Aishwarya Rai's Wedding - A much talked about global affair. And Barry Curtin talks about how he got through his tough first year as Dimension Data CFO. “My advice to people who change employers frequently is not to underestimate the investment you require to get to know people and how things work in a particular environment. She says she is also proud that Nedbank lives up to its colour. I liked the accounting teachers. Playing role Bowler. I listened to my teachers. Raisibe Morathi has been the group Chief Financial Officer at Nedbank Group Limited since Sep 2009.   I was somewhat fortunate in that I came into a business unit that was very stable. Registrations for the race had already closed but Raisibe was able to call in a favour through her relationship with Old Mutual, and she entered her husband and daughter in the face. “Losing your father when you are five years old is not a nice experience, but I didn’t grow up feeling that something was missing from my life. Current age 22 years 251 days. This year, three were very prestigious, bringing the cumulative reporting awards to 30 by December 2018.”, A cousin even told Raisibe that during their third year at UCT, they did a case study on one of Raisibe’s successes relating to Nedbank’s philosophy around integrated reporting and how it’s blended into the business. There was a teacher who had worked in Joburg and then come back to Polokwane and teach. Whether she's running Nedbank Group finance or a marathon, Raisibe Morathi gets the job done. Raisibe Morathi is excited to join Vodacom as the new Group Chief Financial Officer (CFO), effective 1 Nov 2020. Morathi, Nedbank Group's chief financial officer has made the mantra part of … Afgri Group CFO Rivasha Maharaj made time to mentor a Grade 12 scholar throughout her academic year. It was decorated with paw prints and right on top, a symbol of her real fur friends back home, was a … This article was originally published in the Q1 edition of CFO magazine, available this week in airport lounges countrywide. Gaining experience This was in 2001 or 2002, so I have had the privilege by now that most of my career has been in executive management roles.”. VISION. Technical knowledge aside, fitting into an ecosystem requires a very deliberate effort. “Every year from the start of my time here until now, we’ve received at least two or three financial reporting awards. “We started a conversation around the CFO role. Chief Financial Officer at Vodacom. I took the role.”, This required that she move to Cape Town with her family, which initially seemed possible. 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