AfDB appoints Bajabulile Tshabalala as VP, finance and CFO
Staff Writer |
Abidjan, Ivory Coast - The African Development Bank Group (AfDB) appoints Bajabulile Tshabalala as vice president for finance and chief finance officer for the African Development Bank Group.
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Ms. Tshabalala is currently the Executive Director of Barbican Advisory Group, South Africa, where she is responsible for Financial and Engineering Consulting, Transaction and Financial Advisory.
Ms. Tshabalala brings 26 years of experience in finance, treasury management and capital market operations.
She graduated with a BA in Economics from Lawrence University in the USA in 1989.
She obtained a Master’s Degree in Business Administration from Wake Forest University, USA in 1992.
Her early career included working as Trainee Client Manager for the Old Mutual Employee Benefits (1992-1993).
Later, she worked as a Corporate Dealer for the Standard Bank Group for two years.
She subsequently moved to the giant conglomerate, Transnet Limited, South Africa.
Having worked initially in Treasury Operations, as Deputy Treasury Manager (1996-1998), Treasury Manager (1998-2001), she was promoted to General Manager, Corporate Services (2001-2004) at Transnet.
In this position she oversaw the transformation of the old Portnet into the new Transnet National Ports Authority and Transnet Limited mandated to control and manage all eight commercial ports in South Africa.
Ms. Tshabalala was promoted to the Group Treasurer of Transnet (2004-2006), where she oversaw all treasury operations for all the divisions of the company, except South African Airways.
She moved from Transnet in 2006 to become the Chief Executive Officer of the Industrial Development Group (IDG), where she worked until 2014.
The operations of the IDG Group covered petroleum, mineral resources, energy and property.
Since 2015, Ms. Tshabalala has been the Executive Director of the Barbican Advisory Group, where she is responsible for financial and engineering consulting, transaction and financial advisory services.
She owns her own consulting and advisory company, Kupanua Investments.
Ms. Tshabalala has built extensive experience as Non-Executive Director on the Board of Directors of several leading corporations, including MTN, Tiger Brands (SA) and South African Airways.
She has previously served on the Boards of various Johannesburg Stock Exchange-listed companies, including Liberty Group South Africa, Standard Bank Group, STANLIB Asset Management Limited, Transnet Pension Fund and V & A Waterfront Holdings.
She is also the founder and past Deputy President of the Association of Black Securities and Investment Professionals of South Africa. ■