Mpumi Madisa
{{short description|South African businesswoman}}
{{Use dmy dates|date=April 2022}}
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| name = Mpumi Madisa
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| birth_place = Mohlakeng, South Africa
| birth_date = {{Birth year and age|1979}}
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| citizenship = South Africa
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| education = Wits University (BS, BCom, MS)
| occupation = Businesswoman, CEO
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Nompumelelo Thembekile Madisa (born 1979), known as Mpumi Madisa, is a South African businesswoman. On 8 March 2019, she became CEO-designate of Bidvest Group, the first black and African female to be appointed CEO of the Johannesburg Stock Exchange top 40 company,{{Cite web|url=https://www.thesouthafrican.com/news/who-is-mpumi-madisa-bidvest-ceo/|title=Mpumi Madisa officially appointed as Bidvest's first female CEO|date=2019-03-08|website=The South African|language=en-US|access-date=2019-11-06}}{{Cite web|url=https://city-press.news24.com/Business/mpumi-madisa-breaking-bidvests-glass-ceiling-20190503|title=Mpumi Madisa: Breaking Bidvest's glass ceiling|last=Malope|first=Lesetja|date=2019-05-03|website=CityPress|language=en|access-date=2019-11-06}}{{Cite web|url=https://www.businesslive.co.za/bd/companies/industrials/2019-03-04-bidvest-says-mpumi-madisa-will-be-its-next-ceo/|title=Bidvest says Mpumi Madisa will be its next CEO|website=BusinessLIVE|language=en-ZA|access-date=2019-11-06}}{{Cite web|url=https://www.cnbcafrica.com/article/2019/05/16/how-mpumi-madisa-scored-top-job-at-bidvest/|title=How Mpumi Madisa scored top job at Bidvest|last=Africa|first=CNBC|date=2019-05-16|website=CNBC Africa|language=en-US|access-date=2019-11-06}} seen as signalling a new advancement in gender transformation in business in South Africa.{{Cite web|url=https://www.forbeswomanafrica.com/entrepreneurs/2019/07/23/i-dont-do-suave/|title='I Don't Do Suave'|last=Africa|first=Forbes|language=en-US|access-date=2019-11-06}}{{Cite web|url=http://www.thepresidency.gov.za/press-statements/president-congratulates-incoming-bidvest%E2%80%99s-ceo-mpumi-madisa|title=President congratulates incoming Bidvest's CEO Mpumi Madisa|last=|first=|date=2019-03-08|website=South Africa Government|archive-url=|archive-date=|access-date=2019-11-06}}{{cite web |title=Executive Directors |url=https://www.bidvest.co.za/executive-directors.php |publisher=Bidvest |accessdate=6 November 2019}}
Early life and education
Madisa was born in Mohlakeng, west of Gauteng in South Africa. She grew up in Sebokeng to the south of Johannesburg. She is one of four siblings. She had her primary and high school education at Sancta Maria Junior High and Mondeor High School respectively. She furthered at the Wits University where she changed her major from a science course to mathematics, statistics and economics. She holds a bachelor's degree in economics and mathematics, a BComm honours degree in economics and a master's degree in finance and investment, all from the Wits University.{{Cite web|url=https://blsa.org.za/about-us/the-board/mpumi-madisa/|title=Mpumi Madisa – Business Leadership South Africa|language=en-US|access-date=2019-11-06}}
Career
Right after completing her tertiary education, she was employed by Hollard Insurance as a trainee marketing assistant. She worked there for 18 months and then left to work at Prestige, a Bidvest subsidiary specialising in cleaning. At Prestige, she served as client relations manager, a position that was created for her and the beginning of a career trend. Three years later, she left Prestige to work in the public service where she was chief director of transformation at the Gauteng department of agriculture and rural development. On returning to Prestige, she served as corporate affairs director in charge of four departments and sales director. A few months later, she was promoted to work at the group level and was appointed to the Bidvest board. On 8 March 2019, she became the first woman to be appointed Chief Executive Officer of Bidvest Group, a position she assumed fully in July 2020.{{Cite web|url=https://www.fin24.com/Finweek/Featured/the-logic-behind-bidvest-20190729|title=The logic behind Bidvest|date=2019-07-29|website=Fin24|access-date=2019-11-06}}{{Cite web|url=https://strategyexecution.africa/speakers/nompumelelo-thembekile-madisa/|title=Mpumi Madisa « Africa Strategy Execution Conference|language=en-ZA|access-date=2019-11-06}}
Awards and honors
- Madisa was ranked 94th on Fortune's list of Most Powerful Women in 2023{{Cite news|url=https://fortune.com/ranking/most-powerful-women/2023/mpumi-madisa/|title=Mpumi Madisa|date=2023|publisher=Fortune|language=en|access-date=2023-11-16}}
- Madisa was named Business Leader of the Year by the Sunday Times in 2023{{Cite news|url=https://www.timeslive.co.za/sunday-times/business/business/2023-11-12-business-leader-of-the-year--mpumi-madisa-driving-force-for-growth-and-transformation/|title=Business Leader of the Year: Mpumi Madisa: Driving force for growth and transformation|last=Venter|first=Liesl|date=2023-11-23|publisher=Sunday Times|language=en|access-date=2023-11-16}}
- In 2023, she ranked 88th in Forbes list of "World's 100 most powerful women".{{Cite web |last= |first= |title=The World’s Most Powerful Women 2023 |url=https://www.forbes.com/lists/power-women/ |access-date= |website=Forbes |language=en}}
Personal life
References
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Category:21st-century South African businesswomen
Category:21st-century South African businesspeople
Category:21st-century South African economists
Category:University of the Witwatersrand alumni
Category:South African business executives
Category:South African chief executives