Sello Moloko
{{Short description|South African businessman and corporate executive}}
{{Use dmy dates|date=April 2022}}
{{EngvarB|date=April 2022}}
{{Infobox person
| image =
| name = Sello Moloko
| image_size =
| caption =
| birth_date = {{birth date and age|1965|7|6|df=y}}{{cite news |last1=Creamer |first1=Martin |title=Sello Moloko |url=https://www.miningweekly.com/print-version/sello-moloko-2013-02-15 |work=Mining Weekly |date=15 February 2013|accessdate=5 June 2022}}
| birth_place = Soweto, South Africa
| death_date =
| death_place =
| alma_mater =University of Leicester
{{small|(Bachelor of Science in Mathematics)}}
{{small|(Postgraduate Certificate in Education)}}
Wharton School of the University of Pennsylvania
{{small|(Advanced Management Program)}}
| occupation = Businessman, Banker & Corporate Executive
| years_active = since 1992
| nationality = South African
| citizenship =
| known_for =
| title = Chairman, Absa Group
Chairman, Telkom
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|term =
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Matthews Sello Moloko (born 6 July 1965) is a South African businessman, banker and corporate executive, who serves as group chairman of Absa Group, a large pan-African financial services group, with subsidiaries in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania, Uganda and Zambia. He concurrently serves as the chairman and non-executive director of Absa Bank Limited, the South African subsidiary and the largest of the subsidiary banks of the Absa Group. He began his tenure at Absa on 1 April 2022.{{cite web|url=https://www.absa.africa/media-centre/media-statements/2021/absa-group-board-appoints-sello-moloko-as-chairman-designate/ |title=Absa Group Board appoints Sello Moloko as Chairman-designate |work=Absa Group Limited | date=26 October 2021 |author=Absa Group Limited |access-date=1 April 2022 |location=Johannesburg, South Africa}}{{cite web| work=Daily Maverick |date=26 October 2021 |url=https://www.dailymaverick.co.za/article/2021-10-26-absa-appoints-sello-moloko-as-chair-designate-in-the-wake-of-sipho-pityana-fallout/ |title=Absa appoints Sello Moloko as chair-designate in the wake of Sipho Pityana fallout |
access-date=1 April 2022 |author=Tim Cohen |place=Johannesburg, South Africa}} He is also the chairman of Telkom, the South African telecommunications conglomerate, since March 2019.{{cite web| work=Telecomsbusiness.com (TBC) |date=4 March 2019 | url=https://telecomsbusiness.com/industries/services/telkom-names-sello-moloko-as-new-chairperson/ |title=Telkom Names Sello Moloko As New Chairperson | author=TBC |access-date=1 June 2022 |location=Johannesburg, South Africa}}
Background
Sello was born 6 July 1965 in Soweto, South Africa. He holds a Bachelor of Science degree in Mathematics and a Postgraduate Certificate in Education, both obtained from the University of Leicester in the United Kingdom. He also successfully attended an Advanced Management Program, at the Wharton School of the University of Pennsylvania, in the United States.
Career
Sello was appointed as a non-executive director of the Absa Group in October 2021, with his appointment effective 1 December 2021. At the same time, he was appointed as chairman-designate of both Absa Group Limited and Absa Bank Limited, effective 1 April 2022. He replaced Wendy Lucas-Bull, who retired as the bank group's chairperson after nine consecutive years in that position.{{cite web |url=https://www.reuters.com/article/absa-chairman-idFRL8N2RM25Z | title=South African lender Absa names Sello Moloko as next chairman |work=Reuters.com |date=26 October 2021 |author=Emma Rumney and David Goodman |access-date=1 April 2022}}
Previous leadership positions in business include as co-founder and Executive Chairman of Thesele Group, an all-Black diversified investment company. His business experience spans over 30 years. He has served in the past as the CEO of Old Mutual Asset Managers. He has previously chaired the boards of diverse companies, including Alexander Forbes, Sibanye-Stillwater and General Reinsurance Africa. Sello also serves on the boards of M&G Investments and DG Capital. He is the former deputy CEO of Capital Alliance Asset Managers.{{cite web|work=Nelson Mandela Foundation |url=https://www.nelsonmandela.org/content/page/mr-sello-moloko |title=Mr Sello Moloko |date=1 April 2022 |author=Nelson Mandela Foundation |access-date=1 April 2022 |location=Houghton, South Africa}}
Sello is a Trustee of the University of Cape Town Foundation. He previously served as the president of the national Association of Black Securities and Investment Professionals (ABSIP).
See also
References
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External links
- [https://www.linkedin.com/in/sello-moloko-04b86750/?originalSubdomain=za/ Personal Profile at LinkedIn.com]
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Category:South African bankers
Category:South African investment bankers
Category:South African businesspeople