The Masisizane Fund board is proud to announce the appointment of Lebogang Serithi as CEO of the Masisizane Fund.

Lebogang joins the Fund at a critical time, with the impact of Covid-19 significantly affecting small businesses across the board in South Africa. The Masisizane Fund has been one of the first responders, working with Old Mutual Insure as well as the rest of the Group to truly stand in the gap for SMEs during this exceptionally challenging period.

A qualified chartered accountant with an MCom in financial management, Lebogang has extensive experience in the financial services sector. He also has a keen interest in driving socio-economic development. He completed his articles at Investec Bank and has held various leadership roles in the private equity space, including Rand Merchant Bank and Mvelaphanda Holdings.

In his role as CFO for both the National Empowerment Fund (NEF) and Land Bank, he was responsible for the financial portfolios of these organisations, including sourcing affordable funding in the market and working with key stakeholders in government. He was also responsible for all the lending activities of the Land Bank, including retail lending and business and corporate banking lending.

We are excited to have Lebogang on board, ready to deliver on the mandate of the Masisizane Fund of supporting small business, growing the economy and creating jobs.