#BlackGirlMagic Nonkululeko Nyembezi is the first woman to chair the Alexander Forbes Company in its 82 year history.

Nonkululeko Merina Cheryl Nyembezi-Heita, also Nku, is a South African business executive who has been active in steel, telecommunications and finance. Since March 2014, she has been CEO of the Dutch mining group, IchorCoal N.V. Nyembezi-Heita has also served on the boards of several other companies.

Nonkululeko Nyembezi-Heita

In 2012, Nyembezi-Heita was listed 97th in Forbes list of The World’s 100 Most Powerful Women.

Yesterday the 1st of January 2018, Alexander Forbes appointed a new Chairperson and 82 years of having men chair the company, the decided it was time they had more than they usually had. And Nonkululeko Nyembezi was appointed chairperson of the Alexander Forbes Company, becoming the first woman to chair the company in its 82 year history. ( I can hear you say ”it’s about time”, and i totally agree with you.)


Nyembezi succeeds Sello Moloko and joins the company at a time of strategic and business transformation in the implementation of its Ambition 2022 growth strategy, to create a globally distinctive pan-African financial services leader anchored in five core business pillars. However, Moloko said that he is rest assured of the success of the companies ambition growth strategy as he is privileged to have such a highly regarded professional with extensive business and leadership experience as Ms Nyembezi to chair the company’s board.
We have faith in Nku too and we know she’ll deliver rightly and professionally. she is Badass like that 😉

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