New Land Bank boss in September

Comment on this story
LandBank1 Independent Newspapers Land Bank head office in Centurion, Pretoria. Picture : Masi Losi

Johannesburg - A new Land Bank boss will probably be appointed in September, board chairman Ben Ngubane said on Monday.

“When assessments are completed, we will send recommendations to National Treasury and they will give the final stamp of approval,” Ngubane told reporters in Johannesburg.

“It should be in early September.”

He said a number of professionals from different backgrounds had applied for the job, and a rigorous interview process was carried out.

Short-listed candidates were undergoing assessments.

“It's almost complete,” he said.

“When it's done, we will send recommendations to Treasury.”

In December, Phakamani Hadebe stepped down as the bank's chief executive officer.

Chief risk officer Lindiwe Mdlalose was currently acting in the post.

Hadebe was transferred from the National Treasury to the Land Bank in 2008 and subsequently appointed boss of the bank. - Sapa

sign up

Comment Guidelines

  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)
  4. Has a comment offended you? Hover your mouse over the comment and wait until a small triangle appears on the right-hand side. Click triangle () and select "Flag as inappropriate". Our moderators will take action if need be.

  5. Verified email addresses: All users on Independent Media news sites are now required to have a verified email address before being allowed to comment on articles. You are only required to verify your email address once to have full access to commenting on articles. For more information please read our comment guidelines