The Steel and Engineering Industries Federation of Southern Africa (SEIFSA) invites applications from individuals interested in being nominated for appointment to the Board of Directors of The Rand Mutual Assurance Company Limited (RMA).

Until recently, former SEIFSA Industrial Relations and Legal Services Executive Bridgette Mokoetle represented the sector on the RMA Board of Directors. Following Ms Mokoetle’s resignation, the RMA has asked SEIFSA to nominate “black, female individuals, preferably with a finance-related background and who have operated at Non-Executive Director level”, for consideration for appointment onto its Board of Directors.

According to the RMA, its Board Nominations Committee will consider nominees against the following criteria:

  • “The transformation requirements imposed by the COIDA licence issued by the Minister of [Employment and] Labour;
  • “The applicable BBBEE Codes;
  • “The over-arching requirements that all Board Members of RMA meet the fit and proper requirements imposed by the Prudential Standards applicable to insurers;
  • “The skills gap that exists on the RMA Board and its Committees”.

Individuals meeting the criteria stipulated by the RMA and keen to be nominated by SEIFSA should please send their CVs to Ms Lerato Lebeko, Executive Personal Assistant to the CEO, on the address Lerato@seifsa.co.za. They must themselves be employed within the metals and engineering sector.

Kaizer M. Nyatsumba

Chief Executive Officer